Medicare Savings Programs put money back in your pocket by covering premiums and care costs. Here is who qualifies and how to enroll.
What costs do Medicare Savings Programs cover?
Medicare Savings Programs reduce or eliminate Medicare expenses for qualifying seniors. The QMB program is the most generous, paying Part A and Part B premiums plus deductibles, coinsurance, and copays, so QMB enrollees pay nothing for Medicare-covered services. SLMB and QI pay only the Part B premium. QDWI helps certain working people with disabilities pay the Part A premium. Because the Part B premium is deducted from Social Security, having it paid for you raises your monthly check. Enrolling in any MSP also unlocks Extra Help for prescription drugs.
How do income and resource limits work?
Eligibility is based on monthly income and countable resources, with limits set annually by CMS as a percentage of the federal poverty level. QMB has the lowest threshold, then SLMB, then QI. Resources like checking, savings, and stocks count, but your home, one vehicle, and personal belongings generally do not. Many states have raised or eliminated asset limits, so seniors denied in past years may now qualify. Income just above a limit is still worth checking because states apply disregards. A quick screening confirms which tier fits you.
Get free help confirming your eligibility
Because each state runs its own application with different forms and rules, the process can feel overwhelming. You apply through your state Medicaid office, and you can appeal a denial or reapply if your income drops. The fastest path is to call 1-800-MEDIGAP (1-800-633-4427), where a licensed benefits specialist screens you for all four programs, checks related benefits like Extra Help and SNAP, and points you to the right application. There is no cost to get screened or to ask questions.