Two Million Seniors Not Enrolled in Drug Subsidy Program

According to the Centers for Medicare & Medicaid Services (CMS), approximately two million low-income seniors on Medicare are eligible but not enrolled in the Low-Income Subsidy Program. The program allows participants to pay no more than $6.30 for brand name drugs and no more than $2.50 for generics.

Seniors can enroll in the program, also called LIS or Extra Help, online or by phone at 800-772-1213 (TTY users can call 800-325-0778).

To qualify, seniors must make less than $16,335 a year individually or less than $22,065 for married couples. They must also have resources limited to $12,640 individually or $25,260 for married couples. According to the CMS, resources include bank accounts, stocks and bonds, but exclude a beneficiary's house, car and life insurance policy.

"Especially during these tough economic times, it's important for seniors throughout ... the State of New Jersey and across America to take full advantage of the prescription drug programs that are available to them," said Congressman Steve Rothman.

For more information about the program and to see if you're eligible, click here.