DO YOU QUALIFY FOR Low-Income Subsidy (LIS) in Georgia?

To be eligible for Extra Help, you must: Be enrolled in Medicare Part A and Part B. Live in one of the 50 United States or the District of Columbia. Have a yearly income of $18, 735 or less (for individuals) or $25, 365 or less (for married couples living together).

Resources and Income What is the resource limit?

To qualify for Extra Help, your resources must be limited to $14,790 for an individual or $29,520 for a married couple living together.

Resources include the value of the things you own. Some examples are:

  • Real estate (other than your primary residence).
  • Bank accounts including checking, savings, and certificates of deposit.
  • Stocks.
  • Bonds, including U.S. Savings Bonds.
  • Mutual funds.
  • Individual Retirement Accounts (IRAs).
  • Cash at home or anywhere else.

What does not count as a resource? We do not count:

  • Your primary residence.
  • Your possessions.
  • Your vehicle(s).
  • Resources you couldn’t easily convert to cash, such as jewelry or home furnishings.
  • The property you need for self-support, such as rental property or land you use to grow to produce for home consumption.
  • Non-business property is essential to your self-support.
  • Life insurance policies. Burial expenses. Interest is earned on money you plan to use for burial expenses.

What doesn’t count as income? Not all cash payments count as income. For example, we don’t count:

  • Supplemental Nutrition Assistance Program (food stamps).
  • Housing assistance.
  • Home energy assistance.
  • Medical treatment and drugs.
  • Disaster assistance.
  • Earned income tax credit payments.
  • Assistance from others to pay your household expenses.
  • Victim’s compensation payments.
  • Scholarships and education grants.

You should contact Social Security for other income exclusions

Applying for Extra Help

How do I apply?

Applying for Extra Help is easy. Just complete Social Security’s Application for Extra Help with Medicare Prescription Drug Plan Costs (Form SSA-1020). Use one of these methods:

  • Call Social Security at 1-800-772-1213 (TTY 1-800-325-0778) to apply over the phone or to request an application.
  • Apply at your local Social Security office.

After you apply, Social Security will review your application and send a letter to you to let you know if you qualify for Extra Help. After you qualify, you can choose a Medicare prescription drug plan. If you do not select a plan, the Centers for Medicare & Medicaid Services will do it for you. The sooner you join a plan, the sooner you begin receiving benefits. If you aren’t eligible for Extra Help, you can still enroll in a Medicare prescription drug plan.

The goal for our clients is to help them navigate the maze of Medicare and Medicaid. Troncalli Insurance wants to help you with the correct plans and be your trusted Medicare specialist. OFFICE: 678.941.3248

Troncalli Insurance Solutions

 105 North Avenue
Villa Rica, GA 30180

 (678) 941-3248

 (678) 941-3248

  Agency Hours:
Monday - Thursday: 9:00am - 5:00pm
Friday: 9:00am - 2:00 pm