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It is also known as the Part D Low-Income Subsidy (LIS). If your monthly income is up to $1,843 in 2023 ($2,485 for couples) and your assets are below specified limits, you may be eligible for Extra Help (see the Extra Help income and asset limit chart for details).

To qualify for Extra Help, your annual income must be limited to $21,870 for an individual or $29,580 for a married couple living together.

What's the Low Income Subsidy (LIS)? The Low Income Subsidy (LIS) helps people with Medicare pay for prescription drugs, and lowers the costs of Medicare prescription drug coverage.

51,591,776 are enrolled in Medicare Part D. This includes enrollment in stand-alone prescription drug plans as well as Medicare Advantage plans that offer prescription drug coverage. (Enrollment in private, for-profit Part D or MA-PD plans remains the only option for drug coverage in the Medicare program).

The resource limit that must not be exceeded for beneficiaries to qualify for partial low-income subsidies increases from the 2022 amount of $14,010 ($27,950 if married) to $15,160 ($30,240 if married) in 2023.

The Low-Income Subsidy (LIS) is a Medicare program to help people with limited income and resources pay Medicare prescription drug program costs, like premiums, deductibles, and coinsurance. The Low-Income Subsidy (LIS) is also known as Extra Help.

You can sign up for Medicare no matter how much money you make. You'll pay more for Medicare if you're an individual who earns more than $97,000 or part of a couple who earns more than $194,000.