Michael M Insurance Blog

State Pharma Assistance Programs

Apr 25, 2021 | 0 comments

Medicare Supplement

Some state pharma companies provide assistance with expensive medications. An example of this is E.P.I.C., the New York State Medication Assistance program. It stands for Elderly Pharmaceutical Insurance Coverage. On EPIC, your most expensive medication will be no more than $25. The income limit for a married couple filing jointly is $100,000. Depending upon income, EPIC can either be paid with a small fee or, for higher-income individuals, a deductible that is paid every time you go to the pharmacy to get your medications. For EPIC to help, the medication has to be covered by your Part D Rx plan. 

SEP—EPIC also creates a Special Enrollment Period that allows individuals to change their insurance plans outside of that period.

Check with your state pharma health insurance department on the availability of a Pharmaceutical Assistance program or ask your Medicare Advisor, he’ll be happy to check for you.

Mike Miligi- Owner- Michael M Insurance Services

For over 10 years, Mike has been assisting Seniors and other Medicare-eligible individuals in understanding the ins and outs of Medicare and Medicare Health Insurance options, including Medicare Advantage Plans(Part C), Medicare Supplement Plans(Medigap), Prescription Drug Plans(Part D), and Dental and Vision programs.

Mike is Licensed in seven States and Certified with 11 Insurance Carriers. He has helped thousands of individuals decide on the best course of action for their particular Health Insurance needs. Because Mike is an Independent Medicare Health Insurance Broker, he works for the client, not the Insurance Carriers, and is able to provide his clients with accurate and unbiased Health Insurance options.

Mike recertifies with CMS(The Centers for Medicare and Medicaid Services) annually, regularly completes Continuing Education Courses required by individual State Insurance Departments, and keeps abreast of industry trends and standards to offer his clients the most up-to-date information.

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