Low Income Subsidy (LIS)
The Low Income Subsidy (LIS), also called Extra Help, is a federal program administered by the Social Security Administration that helps eligible beneficiaries pay Part D premiums, deductibles, and drug cost-sharing. Enrollment in a Medicare Savings Program generally confers automatic LIS eligibility.
Definition
The Low Income Subsidy (LIS), also called Extra Help, is a federal program administered by the Social Security Administration that helps eligible beneficiaries pay Part D premiums, deductibles, and drug cost-sharing. Enrollment in a Medicare Savings Program generally confers automatic LIS eligibility.
Why it matters
LIS dramatically reduces drug costs for low-income patients, so screening for eligibility is a high-value step in benefits counseling.
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