Seniors beat inflation with Medicare Savings Programs

More than a third of Tarrant County seniors – 47,600 elderly households – struggled to pay their bills before inflation drove prices sky high.

Now low-income seniors need help more than ever. Thanks to cornerstone funding from the Amon G. Carter Foundation, partial underwriting from The Moody Foundation, and a grant from the Tarrant County Bar Foundation, Guardianship Services, Inc. can help seniors fight inflation with the E3 (Educate Engage Enroll) program. This three-year initiative will increase access to and enrollment in Medicare Saving Programs in Tarrant County.

Depending on seniors’ income and assets, Medicare Savings Programs can save seniors thousands annually. It offers qualifying individuals and couples help paying for Medicare Part A and Part B premiums, deductibles, coinsurance, and copayments for services and items Medicare covers. In addition, the Extra Help program can reduce prescription drug costs for qualifying seniors.

By helping seniors better afford their healthcare, Medicare Savings Programs free limited income to help pay other rising costs of living like grocery bills.

E3 will raise awareness of these safety net programs and provide seniors the help they need to complete the complex application process. For more information, contact mmp@guardianshipservices.org.