Medicare Part D standard benefit trends 2006 to 2024
Preliminary information will be available at the end of February, 2023.
Federal Poverty Level Guidelines: LIS Qualifications
The LIS qualifications using the 2023 Federal Poverty Level (FPL) guidelines are shown below. The 2023 FPL guidelines will be used for determining LIS qualifications at the beginning of the 2024 plan year.
Beginning in 2024, full-LIS will be increased to 150% of FPL and partial-LIS will be eliminated.
If your income is below 150% of the FPL ($21,870 if you are single or $29,580 for married couples), you could qualify for the full Low-Income Subsidy (
resource limits also apply - see chart above). Remember, the LIS subsidy helps to pay both your monthly plan premiums and drug costs.
Learn more in our article,
2023 Federal Poverty Level Guidelines (FPL): 2023/2024 LIS Qualifications and Benefits.