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Quick facts about Medicare's new coverage for prescription drugs for people with limited income and resources PDF
Preview Quick facts about Medicare's new coverage for prescription drugs for people with limited income and resources
CENTERS FOR MEDICARE&MEDICAID SERVICES Quick Facts about Medicare's New Coverage for Prescription Drugs for people with limited income and resources StartingJanuary1,2006,Medicarewillofferprescriptiondrugcoverageforall peoplewithMedicare.IfyouhaveMedicareandhavelimitedincomeand resources,youmayqualifyforextrahelppayingforprescriptiondrugs. Whatdo need to know? I • Ifyourannualincomeisbelow$14,355forasingleperson(or$19,245ifyouare marriedandlivingwithyourspouse),youmayqualifyforextrahelp.Slightly higherincomelevelsmayapplyifyouprovideV2supporttootherfamilymembers livingwithyou,orifyouworkorresideinAlaskaandHawaii. • Andifyourresources(includingyoursavingsandstocks,butnotcountingyour homeorcar)areunder$11,500(forasingleperson)orunder$23,000(fora marriedcouple)youmayqualifyforextrahelppayingforyourMedicare prescriptiondrugcosts. • YoucanapplyforthisextrahelpthroughtheSocialSecurityAdministrationor yourStateMedicalAssistanceOffice.SocialSecurityismailingtheapplication forextrahelptothosewhomayqualify.Ifyoureceiveanapplication,fillitout andreturnitintheenclosedpostagepaidenvelope. • Theamountofextrahelpyougetdependsonyourincomeandresources. • YoustillneedtojoinaMedicareprescriptiondrugplanforMedicaretopayfor yourdrugcosts. • YoucanjoinaMedicareprescriptiondrugplanfromNovember15,2005 throughMay15,2006.IfyoujoinbyDecember31,2005,yourcoveragebegins January1,2006.IfyoujoinafterJanuary1,2006,yourcoveragestartsthefirst dayofthemonthafterthemonthyoujoin. • Ifyouqualifyforextrahelp,youwillhavecontinuousdrugcoverageandwill payonlyasmallamountforyourprescriptions. ensLIBRflRV 3 flOTS 00DLDTT4 fl How do get more information? I Formoreinformationonwhocangetextrahelpwithprescriptiondrugcostsand howtoapply,calltheSocialSecurityAdministrationat1-800-772-1213,orvisit www.socialsecurity.govontheweb.TTYusersshouldcall1-800-325-0778. YouwillreceivedetailedinformationfromMedicareaboutyourchoiceof MedicareprescriptiondrugplansinOctober2005.Youcanlookatthe"Medicare &You2006"handbook,visitwww.medicare.govontheweborcall 1-800-MEDICARE(1-800-633-4227).TTYusersshouldcall1-877-486-2048. iyjlUrr.<>r2i^ii— CMSPub.No.11105 May2005 •U.S.GovernmentPrintingOffice:2005—753-153