In Times Like These, Every Cent CountsReading Time: 1 Minute
Last Updated: August 19, 2021
If, as a child, you asked your grandparents for 50 cents to go to the store to buy ice cream, they might have taken you on a journey down memory lane before giving you the money for your treat. Apparently, in the “good old days,” 50 cents bought you a whole meal, a trip to the movies, and an outfit. When was the last time you bought something substantial for 50 cents without a discount coupon?
The world is different now, and everything costs more than it used to.
Every cent counts, and you can help your parents and grandparents who understand the value of the dollar, save about $4,000 each year in their prescription drug coverage. Extra Help with Medicare helps people with limited resources and income pay for costs like monthly premiums, annual deductibles, and prescription co-payments that are related to a Medicare prescription drug plan. Many people aren’t aware of these important savings. Do your parents and grandparents know about the Extra Help? Let them know!
You must receive Medicare, meet the resource and income limits, and live in one of the 50 states or the District of Columbia to qualify for Extra Help.
You can apply for Extra Help online. It’s so easy! Just go to www.socialsecurity.gov/extrahelp, or call Social Security to apply over the phone or to request an application. You can also apply in person at your local Social Security office.
Our parents and grandparents taught us so much, especially the value of savings. Let’s show them we learned the lesson. Help them apply today!