What type of financial assistance does Low Income Subsidy (LIS) provide?

• A. Higher premiums and higher copays.
• B. Lower copays but higher premiums.
• C. Lower or no monthly plan premiums and lower or no copayments.
• D. No change to premiums or copays.

Answer: (C)

Low Income Subsidy helps make Medicare Part D affordable by reducing the costs of prescription drug coverage for those who qualify. It typically lowers or eliminates the monthly plan premium and lowers the copayments you pay for prescriptions. In some cases, it can also reduce deductibles, but the core idea is that costs are decreased rather than increased or left unchanged. That’s why the option describing lower or no monthly premiums and lower or no copayments best captures what LIS provides.