Yes, the Medicare Part D Extra Help or Low-Income Subsidy (LIS) program helps people with limited financial resources (income and assets) pay for their Medicare Part D prescription drug coverage - and their is no risk associated with applying for Extra Help.
Extra Help eligibility is based on what you earn and your financial resources - and the Extra Help financial limits can change every year - this means that, even if you were not eligible for Extra Help last year, you may be eligible for benefits this year.
(1) You can call the Social Security Administration about the Extra Help program at 1-800-772-1213 (TTY 1-800-325-0778) and a Social Security Administration representative can then help you get the proper forms so that you can apply for the Extra Help program.
You can also visit a local Social Security office for more assistance.
You can learn more about the Extra Help program on the Social Security Administration website:
https://www.ssa.gov/medicare/part-d-extra-help
(2) You can also apply for Extra Help online at:
https://secure.ssa.gov/i1020/start
(3) You can also contact or visit your local state Medicaid office and ask for assistance with applying for Extra Help.
Here is the Medicare link that will help you with finding your state Medicaid office:
https://www.medicaid.gov/about-us/beneficiary-resources/index.html#statemenu More about Extra Help.
If you qualify to receive Medicare Part D Extra Help, you may pay a lower - or $0 monthly plan premium, have a $0 initial deductible, and pay very little for your prescription drugs that are covered by your Medicare Part D plan.
You can read more here about Extra Help on this site
For more information, we also have a Frequently Asked Question online: “What is Extra Help?” found
on this site
(Source includes: U.S. Department of Health & Human Services)