Medicare Savings Program is to help the Medicare beneficiaries pay for the Medicare premiums partially. To be eligible, you need to be an individual with limited resources and income. The program offers different set of coverage to people with various levels of resource levels.
Generally there is a provision of Medical Assistance for people who can’t afford for their Medical costs in the state of Minnesota. But those who can’t gain eligibility because of better financial status have got the following options:
There are four variants in the Medicare savings program based on the eligibility:
The eligibility for the Medicare Savings Program is based on the following set of things:
You need to have coverage from both the parts of the original Medicare before you can opt for the help. This is the basic requirement for Medicare.
There are certain income limits for all the different beneficiaries. The monthly income limits are:
The QMB offers part A and part B premiums along with the help for the out of pocket expenses, while SLMB and QI offer coverage for part B premiums only. QDWI offers coverage for the part A premiums only.
You may contact people on 1-800-633-4227 for details regarding the Medicare Savings Program. TTY may dial the number 1-877-486-2048.