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Financial Assistance for Low-Income Medicare Recipients

The Retired and Senior Volunteer Program (RSVP) of Burlington County, supported in part by Burlington County College, is helping eligible Medicare recipients living on a limited income understand and enroll in a Medicare Savings Program (MSP). Those who qualify may receive as much as $5,000 in annual assistance to help with Medicare expenses.

“Times are tough for many people, especially those living on fixed or limited incomes. I strongly encourage Medicare beneficiaries to learn more about these savings opportunities and qualifications,” stated Karen Bennett, Retired and Senior Volunteer Program Director.

By enrolling in a MSP, income-eligible seniors and individuals with disabilities who are enrolled in Medicare can save a minimum of $1,000 on healthcare expenses. MSP covers the Medicare Part B premium, a savings of $104.90 per month, for qualified individuals.

Recipients may also qualify for an average annual savings of $3,900 on Medicare Part D premiums and prescriptions with a low income subsidy. In addition to discounts on brand name and generic medications, there are no co-pays or deductibles for annual wellness visits and personalized prevention plan services.

For more information, please contact the Retired and Senior Volunteer Program (RSVP) of Burlington County at 609-894-9311, ext. 1051 or email MIPPA@bcc.edu.