There are four Medicare Savings Programs (MSPs) available to people who have low income and limited resources.[0] Depending on which MSP you qualify for, you could get help paying for Part A premiums, Part B premiums, Part B coinsurance, Part B copayments, the Part B deductible, or a combination of all of them. To apply, individuals must fill out an application provided by their state’s Medicaid office since medical services for people with low income and limited resources are managed by Medicaid, even when Medicare is involved. The applicant must provide documentation of income, assets, and Medicare enrollment. Eligibility criteria and application processes can vary by state, so check with your local Medicaid office for qualification requirements.
Is there help for me if I can’t afford Original Medicare’s premiums?
There are four Medicare Savings Programs (MSPs) available to people who have low income and limited resources. Depending on which MSP you qualify for, you could get help paying for Part A premiums, Part B premiums, Part B coinsurance, Part B copayments, the Part B deductible, or a combination of all of them. To apply, individuals must fill out an application provided by their state’s Medicaid office since medical services for people with low income and limited resources are managed by Medicaid, even when Medicare is involved. The applicant must provide documentation of income, assets, and Medicare enrollment. Eligibility criteria and application processes can vary by state, so check with your local Medicaid office for qualification requirements.