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Most people on Medicare know about Part D, the prescription drug insurance plan that helps lower the cost of medications. For those with limited income and limited resources Extra Help is a special program that pays almost all of their Part D prescription drug costs.
“The beauty of Extra Help is that it can save people a lot of money, possibly even thousands of dollars,” said Morie Smile, State Director. “Unfortunately, too many people don’t know about this program,” she added.
For a couple with monthly income under $1,821 and savings accounts and investments of less than $25,010, Extra Help pays their drug insurance premiums, deductibles, and co-payments. This could amount to big savings.
It is easy to apply. For those with a computer the options are AARP Benefits QuickLINK [http://www.aarp.org/quicklink] or Social Security Prescription Help [http://www.socialsecurity.gov/prescriptionhelp/]. People on Medicare can call 1-800-772-1213 to apply or to request a paper application. They can also apply in person at the nearest Social Security office. Applications are taken all year.
“Coloradoans are lucky to be able to get more information about Extra Help through the Colorado Division of Insurance by calling 1-888-696-7213 ,” according to Morie Smile.