Higher-income eligibility (revised) for the Medicare Savings Program (MSP) (due to higher federal poverty guidelines) in New York. Single individuals with Medicare have a gross income of up to $2,280 per month, and couples with monthly gross incomes of up to $3,077. New York State does NOT look at your assets for this program.
The MSP helps older adults and people with disabilities living on low incomes by paying their Medicare Part B premiums ($164.90 each month) and enrolling them in Extra Help, the federal prescription drug subsidy program that the Social Security Administration estimates is worth about $5,100 per year. This program lowers prescription costs and gets rid of the deductible and the “donut hole,” or gap coverage. The financial assistance can be a lifeline, allowing enrollees to maintain their Medicare coverage, access needed care, and afford other necessities, like food and rent.
The Genesee County Office for the Aging will be holding a walk-in assistance day for anyone will be new to this program, on Wednesday, March 29th, from 2 to4 p.m. We are located at 2 Bank Street in Batavia. Bring with you: a birth certificate, social security card, Medicare card, License, Current (2023) Social Security award letter, and any other reoccurring income proof (weekly, monthly, or yearly).