2020 Federal Poverty Level Guidelines for Low-Income Subsidy

2020 Federal Poverty Level Guidelines (FPL): 2020 Low Income Subsidy Qualifications and Benefits

 

The 2020 Federal Poverty Level (FPL) Guidelines determine the income level requirements for people applying for the Medicare Part D Low-Income Subsidy (LIS) program, also known as the “Extra Help” program. 

Remember: The Medicare Part D Extra-Help or Low-Income Subsidy program helps pay both your monthly Medicare prescription drug plan premiums and Medicare Part D drug costs. People who qualify for Medicaid automatically qualify for Medicare Part D Extra Help. 

Qualifying for Full LIS Benefits: 

If your income is below 135% of the FPL ($17,226 if you are single or $23,274 for married couples), you could qualify for the full Low Income Subsidy (resource limits also apply – see charts below)

Qualifying for Partial-LIS Benefits: 

Even if you do not qualify for full-LIS benefits, you might be eligible for partial-LIS benefits if your income level is at or below 150% FPL (resource limits also apply)

Applying for the Medicare Part D Extra Help Program:

To apply for Extra Help/Low Income Subsidy go to: https://secure.ssa.gov/i1020/start.  You could receive Extra Help for the remainder of 2020, even if your income or assets no longer meet the requirements later in the year. 

For more information and to learn more about:

The Extra-Help Program/Low Income Subsidy Program

The resource limits and co-payment benefits for the Full-Low Income Subsidy 2020

The resource limits and benefits for the Partial-Low Income Subsidy 2020