Financial Assistance for Medicare Beneficiaries
At Senior Financial Group, we understand that navigating the costs of Medicare can be overwhelming. Many seniors are unaware of the financial assistance programs available to help lower their healthcare expenses. Whether you’re struggling with premiums, prescription costs, or out-of-pocket expenses, there are programs designed to support you.
What Financial Assistance Programs Are Available?
If you’re finding it difficult to afford Medicare coverage, you may be eligible for financial assistance programs, including:
- Medicare Savings Programs (MSP): These programs help cover Medicare Part A and B premiums, deductibles, and coinsurance for eligible individuals.
- Extra Help for Prescription Drug Costs: Also known as the Low-Income Subsidy (LIS), this program helps cover prescription drug costs for Medicare beneficiaries.
- State Assistance Programs: Each state offers programs to assist with healthcare costs, such as Medicaid or other state-funded assistance.
- Dual-Eligible Special Needs Plans (D-SNP): These specialized Medicare Advantage plans are available for those who qualify for both Medicare and Medicaid, offering enhanced coverage.
How Senior Financial Group Can Help
Our team of licensed Medicare advisors is here to guide you through the financial assistance options available to you. We provide free consultations to assess your eligibility and ensure you’re taking full advantage of the benefits available. We’re committed to helping you find the right plan that fits your healthcare needs and budget.
Explore our resources to learn more about the financial assistance options that can help reduce your Medicare costs or contact us today for a free consultation!