Medicare Savings Programs (MSPs) are crucial resources for people with limited income and resources. Offered by every state, MSPs help pay for Medicare premiums and can substantially reduce out-of-pocket costs for hospital, doctor, and prescription drug coverage.

What Are Medicare Savings Programs?

MSPs are programs administered by each state to help qualifying individuals pay for Medicare Part A (hospital insurance) and Part B (medical insurance). Depending on income and resources, MSPs may also cover deductibles, coinsurance, and copayments. Eligibility requirements vary by state, but federal guidelines ensure that help is available everywhere.

Learn more here: Medicare Savings Program Overview

Types of MSPs Offered in All States

Every state offers these four types of programs:

• Qualified Medicare Beneficiary (QMB): Helps pay Part A and Part B premiums, deductibles, coinsurance, and copayments.
• Specified Low-Income Medicare Beneficiary (SLMB): Helps pay Part B premiums.
• Qualifying Individual (QI): Helps pay Part B premiums (must apply yearly; first-come, first-served).
• Qualified Disabled and Working Individuals (QDWI): Helps pay Part A premiums.

Who Qualifies and How to Apply

Eligibility is determined by state-specific income and resource limits. Some states do not count certain types or amounts of income or resources when deciding who qualifies. If you think you might qualify, it’s best to apply—even if you believe your income or resources are above the limits.

To apply, contact your state’s Medicaid office. Official instructions and eligibility details are provided by Medicare.gov:

• How to Qualify and Apply
• PDF: Get Help With Your Medicare Costs

Helpful Links from Medicare.gov

• Medicare Savings Program Basics
• Getting Help With Costs (PDF)
• Saving on Health Care Costs (PDF)

Everyone enrolled in Medicare with limited income should review their eligibility for an MSP—these programs, available in all states, offer real savings for those who need it most.