Low-Income Subsidy (LIS)

Low-Income Subsidy (LIS), also known as Extra Help, is a federal program administered by Medicare that assists eligible beneficiaries with limited income and resources in affording prescription drug costs. The program helps cover expenses such as premiums, deductibles, and co-payments associated with Medicare Part D prescription drug plans. Qualification for LIS is based on income and resource limits set by the federal government, and eligible beneficiaries may receive varying levels of assistance depending on their financial situation. The LIS program aims to ensure that low-income Medicare beneficiaries have access to necessary medications at an affordable cost, promoting better health outcomes and financial stability.