An approved LIS application can provide significant savings, estimated at an average value of [17]. These features include:
The application, often called "Extra Help," offers several features designed to simplify access to financial assistance for prescription drugs. Key Application Features medicare lis application
: If you already receive Medicaid, help from your state paying Medicare premiums (Medicare Savings Programs), or Supplemental Security Income (SSI) , you are often automatically enrolled without needing a separate application [17, 21]. An approved LIS application can provide significant savings,
: It can eliminate or significantly reduce Part D premiums and annual deductibles [17, 24]. often called "Extra Help
: For 2026, most enrollees will pay no more than $5.10 for generic drugs and $12.65 for brand-name drugs [24].