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Low Income Premium Program - nmmip

Low Income Premium Program - nmmip 2025

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The Low Income Premium Program (LIPP) assists eligible individuals in maintaining Pool coverage by offering reduced premiums based on household income. The document outlines eligibility criteria, income guidelines for premium reductions, and application procedures, including necessary certifications and affidavits for income verification.

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What is a low income premium subsidy?

Extra Help, Low Income Subsidy (LIS), program. Extra Help, or LIS, is a government program that helps cover prescription drug costs for certain eligible Medicare beneficiaries with limited incomes, including monthly premiums, annual deductibles, and prescription co-payments.

What is the Lis program with social security?

Specified Low-Income Medicare Beneficiary (SLMB) Program Your situation:Monthly income limit:*Resource limit: What counts in resource limits? Individual $1,585 $9,660 Married couple $2,135 $14,470

What is considered income for the affordable connectivity program?

You are likely eligible if your households income is below 200% of the Federal Poverty Line, or if you or someone you live with currently receives a government benefit like SNAP, Medicaid, SSI, WIC, Pell Grant, or Free and Reduced-Price Lunch.

What does Lis insurance cover?

Extra Help (also called the low-income subsidy or LIS) is available to help people with Medicare who have limited income and resources pay for Medicare prescription drug coverage. Anyone who has Medicare can get Medicare Part D prescription drug coverage.

Who is eligible for the Limited income Net Program?

Program Eligibility Individuals must not be enrolled in any other Medicare Part D prescription drug plan; and must have either Medicare and Medicaid, or Medicare and the Low-Income Subsidy (LIS).

What is the low income net program?

Medicares LI NET Program was established on January 1, 2010, to provide temporary Part D prescription drug coverage for low-income Medicare beneficiaries not already in a Medicare drug plan.

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