The average monthly premium for a Medicare Part D prescription drug plan is $38.99. In addition, each time a senior and individual with disabilities on Medicare goes to the pharmacy, they must pay their co-pay. Once beneficiaries hit the $2,100 cap, there are no more co-payments or co-insurance for the rest of the year.
If your annual income in 2026 does not exceed $23,940 for a single person or $32,460 for a couple, and your assets, not including your home and car, total no more than $18,090 for a single person or $36,100 for a couple, you can get the 星空无限传媒app to pay your Part D premium, lower your co-pay amount and pay only that reduced co-pay amount throughout the year (i.e., you have no donut hole). People on LIS also pay no late enrollment penalty. The average person on LIS saves $5,900 each year in prescription costs.
To learn more about and apply for these programs contact your County State Health Insurance Assistance Program (SHIP). You can also go online and complete an application that screens and enrolls eligible individuals in up to 10 different assistance programs including a Low Income Subsidy or Medicare Savings Program.
In addition, 10 agencies have received grant funding to promote and help individuals in their county enroll in these programs. Contact one of these agencies if you live in their county:
