What are the income limits for Extra Help with Medicare?
The Medicare Extra Help scheme is designed to help people with limited incomes be able to pay for their medications and premiums. To qualify for this program, you will need to meet the income requirements, which are based on the annual federal poverty level.
The Medicare Extra Help limit continues to change depending on the poverty level of the country. As of 2021, the individual income limit for Extra Help was $19,320 and that of married was $26,130. There is also a limit on the value of your combined resources. Resources such as:
- Stocks
- Savings accounts
- Bonds
- IRAs
- If you have real estate aside from your primary residence
As of 2021 the limits to Extra Help resources for both individuals and married were:
Individual: $14,790
Married: $29,520