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You can get extra help paying for your Medicare Part D drug plan. If you qualify, there is financial assistant for monthly premiums, yearly deductibles, as well as prescription co-payments. The extra help you get depends on not only your income but other resources. There is a formula to determine if you qualify.
In some cases you automatically qualify and in others you will need to apply. If you automatically qualify for extra help you will get a purple-colored letter from Medicare. You should keep this letter in your records. You should, generally, err on the side of caution when it comes to getting rid of letters from Medicare. When in doubt, keep the letter. If you get such a letter you do not need to apply for extra help. If you do not get a letter you will need to apply.
You automatically qualify if you: