To qualify for the low-income subsidy on Part D, what must a consumer's income be at or below?

To qualify for the low-income subsidy (LIS) on Medicare Part D, a consumer's income must be at or below 150% of the Federal Poverty Level (FPL). This subsidy is designed to assist individuals with limited income and resources in paying for their prescription drugs, thereby reducing their out-of-pocket costs.

The eligibility thresholds for the low-income subsidy are established by the Centers for Medicare & Medicaid Services (CMS), and they periodically update the income limits based on adjustments to the Federal Poverty Levels. The 150% FPL threshold ensures that assistance is targeted towards those who are most in need, helping them access necessary medications without catastrophic costs.

The options representing 100%, 120%, and 200% of the FPL do not align with the established criteria for the low-income subsidy, leading to ineligibility for individuals who fall within those ranges. Therefore, 150% of the Federal Poverty Level is the correct threshold for qualification for the low-income subsidy.