Medicare costs can add up - there are premiums, copays, coinsurance and other out-of-pocket costs. But help is available for those who qualify to help cover some of these costs. If you have limited income and resources, you might be eligible and you could save thousands per year.
We've included links below to help you learn more about each program and how to apply.
You also can get help with applying by calling the Senior LinkAge Line at 800-333-2433, Monday – Friday between 8:00 a.m. - 4:30 p.m. The Senior LinkAge Line is Minnesota’s federally designated State Health Insurance Assistance Program (SHIP) and provides free help with all issues related to Medicare.
Medicare Savings Programs (MSP) help pay for Medicare Part A and Part B costs. If you’re eligible, your Part B monthly premium will be put back into your Social Security check, so you’ll have more money available to meet your expenses. MSP may also cover other Medicare costs.
To learn more, including income and asset limits, visit the Minnesota Department of Human Services website. To apply, fill out this application form and send to your local county social services office.
Medicare Part D Low Income Subsidy (LIS), which is also known as Extra Help, helps pay for Medicare Part D monthly premiums, deductibles, copays and coinsurance. Everyone who qualifies for LIS will pay:
You can apply for Extra Help online on the Social Security website or by calling them at 800-772-1213.
Many of the major pharmaceutical companies offer programs to help pay for the medications they manufacture. There are also foundations and disease-specific programs that can help with these costs. You can research your options by going to:
