Drug discount card helps low income families

The recently enacted Medicare Prescription Drug Improvement and Modernization Act of 2003 authorizes the implementation of the Medicare-Approved Drug Discount Card Program.

This program is designed to help people with Medicare with the cost of prescription drugs. Individuals will be able to enroll in a Medicare-approved prescription drug discount program beginning in spring of 2004.

A key part of the Medicare-approved prescription drug discount card program is a subsidy of up to $600 a year for eligible lower-income beneficiaries. Individuals whose income is less than $12,124 each year or married couples whose income is less than $16,363 may qualify for this special help.

Under this new program, certain Medicare managed care contractors may offer Medicare-approved drug discount card programs exclusively to their members, and there are special rules and instructions associated with obtaining such an endorsement.

Source: RefillPill.com Editors' Choice