Medicare’s “Extra Help” Program is known as the Low Income Subsidy (LIS) Rider. If you qualify for extra help, you’ll get a LIS Rider or notice from Banner Medicare Advantage telling you how much help you’ll get next year towards your drug plan premium, deductible, and copayments.
As a member of Banner Medicare Advantage, you will receive the same coverage as someone who is not getting extra help. Your membership will not be affected by the extra help. This also means that you must follow all the rules and procedures in the Evidence of Coverage. You must also continue to pay your Medicare Part B premium.
Keep your notice with your Evidence of Coverage (EOC) booklet, so you can refer to it if you have questions about your costs. Medicare or Social Security will periodically review your eligibility to make sure that you still qualify for extra help with your Medicare prescription drug plan costs. Your eligibility for extra help might change if there is a change in your income or resources, if you get married or become single, or you lose Medicaid. You will be notified if your status changes.
If you have any questions about your LIS Rider, please contact our Customer Care Center.