Can I get help with Medicare drug costs on a limited income?

Yes, through Extra Help. It lowers Part D premiums and copays, and you won't owe a late enrollment penalty while you have it. In 2026, the income limits are about $23,940 for a single person and $32,460 for a married couple, and savings must be under $18,090 or $36,100.

More detail

Here's a common case. Someone with a modest Social Security check and a small savings account assumes they won't qualify because they own their home. But your home, car, household items, burial plot and life insurance policies don't count as resources. Checking and savings accounts, stocks, bonds and IRAs do.

Good to know: • You qualify automatically if you have full Medicaid, a Medicare Savings Program, or SSI. Medicare mails you a purple letter, and you don't need to apply • Otherwise, you can apply any time through Social Security, and I can do the application with you • In some cases you can qualify with a higher income, for example if you still work or have dependents living with you • With Extra Help, you may be able to change your drug coverage once a month

What to have ready: recent bank statements and income amounts for you and your spouse.

If you think you might be close to the limits, I'm glad to help you look into it.