Expanded Medicare Part D Low-Income Subsidy Begins
In compliance with the Inflation Reduction Act, the Centers for Medicare & Medicaid Services’ Low-Income Subsidy Program (also known as Extra Help) will provide full financial assistance to beneficiaries enrolled in the Medicare Part D program with incomes up to 150% of the federal poverty level. Medicare beneficiaries who are eligible and enroll in Medicare Savings Programs are automatically eligible for full low-income subsidies, the payment of Medicare Parts A and B premiums, and cost-sharing. Other Medicare beneficiaries must apply for the Extra Help program via the Social Security Administration to obtain these subsidies.
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