517 US 31 N. #400   |   Greenwood, IN   |   46142   |   Privacy Policy    |   Terms and Conditions

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Perfiniti Insurance II, LLC is a licensed and certified representative of a Medicare Advantage organization (HMO, PPO and PFFS) and a stand-alone prescription drug plan (PDP). Enrollment depends on contract renewal. The purpose of this communication is the solicitation of insurance.  Contact will be made by a licensed insurance agent/producer or insurance company. Medicare Supplement insurance plans are not connected with or endorsed by the U.S. Government, the Centers for Medicare & Medicaid Services, the Department of Health and Human Services, or the federal Medicare program. Plans are not available in all areas and may be subject to underwriting; terms and conditions may apply. For more information view our Privacy Policy and Terms of Use.

Medicare Savings Program (MSP)

Medicare Savings Programs (MSP) are available to Medicare beneficiaries that meet certain income guidelines. These programs provide financial assistance and help offset the costs of medical and prescription drug costs with the Medicaid program.  Medicaid is a health care program that helps pay for medical services for people who meet specific requirements.

You may be eligible depending on your income and the value of things you own.

*Assets are things you own, such as checking and savings accounts, certificates of deposit, cash value of life insurance, stocks and bonds.  Some things you own will not count toward your asset limit, such as your home and furnishings, your car, burial plots, and, at least $1,500 in life insurance.

These limits are guidelines. The only way to know for sure if you are eligible is to apply.

Extra Help

 

Extra Help also called low income subsidy (LIS) helps individuals pay for the cost of Medicare Prescription Drugs. If you meet the guidelines below you will receive the following:

 

  • Help paying your Medicare drug plan’s monthly premium, yearly deductible, coinsurance, and copayments.

  • No coverage gap

  • No Late Enrollment Penalty (LEP)

You automatically qualify for Extra Help if you have Medicare and meet one of these conditions

  • You have full Medicaid coverage

 

  • ​You get help from your state Medicaid program paying your Part B premiums                                            (in a Medicare Savings Program- MSP)​

  • You get Supplemental Security Income (SSI) benefits

 

 

Extra Help Requirements:

*Resources include money in a checking or savings account, stocks, bonds, mutual funds, and Individual Retirement Accounts (IRAs). Resources don’t include your home, car, household items, burial plot, up to $1,500 for burial expenses (per person), or life insurance policies.