Help with drug costs
What’s Extra Help?
“Extra Help” is a Medicare program to help people with limited income and resources pay Medicare drug coverage (Part D) premiums, deductibles, coinsurance, and other costs.
You also won’t have to pay a Part D late enrollment penalty while you get
Some people qualify for Extra Help automatically, and other people have to apply.
Who gets Extra Help automatically?
You’ll get Extra Help automatically if you get:
- Full Medicaid coverage
- Help from your state paying your Part B premiums (from a Medicare Savings Program)
- Supplemental Security Income (SSI) benefits from Social Security
- You’ll get a letter about your Extra Help.
It tells you things like how much you’ll pay, and your new Medicare drug plan, if you don’t have one already.
If you qualify for Extra Help
Wise Health Insurance will automatically enroll you in a Medicare drug plan (Part D), if you don’t have one already when you hire us. We do this so you can get the cost savings you qualify for.
You’ll get a letter telling you:
About your new plan. You can pick a different Medicare drug plan if you want.
What you’ll pay, depending on the “level” of Extra Help you get.
That you get Extra Help for the rest of the calendar year. Even if your income changes in the middle of the year, you’ll keep getting Extra Help through December 31.
If you meet the income and resource limits for next year, you’ll keep getting Extra Help.
We’ll mail you a letter only if:
- Your Extra Help changes.
- You no longer qualify for Extra Help.
- You get moved to a different plan for next year.
If you don’t get a letter from us, Medicare or Social Security, you’ll keep the same level of Extra Help and same plan for next year.
