Published:
'Tis the Season…To Check Your Prescription Drug Benefit
WASHINGTON - (BUSINESS WIRE) - This holiday season hundreds of thousands of older Americans counting on
federal assistance with their prescription drug costs in 2010 need to
make sure they still qualify for this important benefit.
BenefitsCheckup.org, a free, online tool from the National Council on
Aging, can help.
During 2009, approximately 9.6 million Medicare recipients with limited
income and resources automatically received a Low Income Subsidy (LIS)
for prescription drug costs because they were in Medicaid, got
Supplemental Social Security income (SSI), and/or were enrolled in one
of the Medicare Savings Programs (MSPs). LIS pays part or all of the
monthly premiums most Medicare Part D prescription drug plans charge. It
also limits cost-sharing for prescriptions to modest co-payments.
Since September, the federal government has sent notices to older people
informing them they will no longer automatically qualify for the
benefit in 2010 because they lost eligibility to Medicaid, SSI or MSPs
before July 2009. Nevertheless, low-income seniors may still be eligible
for prescription drug help, and they can find out quickly and easily by
going to BenefitsCheckUp at www.benefitscheckup.org.
If eligible for LIS, they can also apply for the benefit online at the
same time.
"Trying to keep up with changes to eligibility for prescription drug
coverage each year can be daunting, but it's critical," said Stuart
Spector, senior vice president at NCOA. "Our goal is to help older
people, particularly those with limited income and resources, find out
if they're eligible to continue receiving LIS in 2010 and then to sign
up right there."
Beyond LIS prescription drug support, BenefitsCheckUp includes 2,000
federal, state, and local benefits programs and can determine an older
adult's eligibility for help with utilities, food, housing, and other
basic needs. Enrollment forms for these programs are provided as part of
BenefitsCheckUp's interactive screening process. Since 2001, more than
2.3 million people have used the service, identifying benefits valued at
more than $7.7 billion.
About NCOA
The National Council on Aging is a nonprofit service and advocacy
organization headquartered in Washington, DC. NCOA is a national voice
for older Americans-especially those who are vulnerable and
disadvantaged-and the community organizations that serve them. It brings
together nonprofit organizations, businesses, and government to develop
creative solutions that improve the lives of all older adults. NCOA
works with thousands of organizations across the country to help seniors
find jobs and benefits, improve their health, live independently and
remain active in their communities. For more information, please visit www.ncoa.org.
National Council on Aging
Connie Hofmann, 610-687-5495
chofmann@aboutscp.com
or
John
Beilenson, 610-687-5495
jbeilenson@aboutscp.com
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