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Medicare's extra help for Part D program, also known as the low-income subsidy, can save beneficiaries an estimated $4,900 a year on prescription drugs. Many people on Medicare struggle to afford their medications, but a surprising number of people who would qualify for help never apply because they are unaware of the program. In this video, Danielle Roberts, co-founder of Boomer Benefits, explains how the program works, what expenses it can help save, and how to determine eligibility. Some individuals automatically qualify for the subsidy without needing to apply. Subscribe to their channel for more videos on Part D. The low-income subsidy is a federal government program to assist low-income individuals in saving money on prescription drugs.
