Medicare Savings Program (MSP)

Medicare Savings Programs (MSPs) are federally funded state-based programs that can help lower Part A and Part B costs like premiums, deductibles, and coinsurance based on income and resources.^[1]

There are four different types of Medicare Savings Programs based on income, resources, and in some cases qualifying life circumstances or conditions:

• Qualified Medicare Beneficiary (QMB) Program: helps pay Part A and Part B premiums and cost-sharing.
• Specified Low-Income Medicare Beneficiary (SLMB) Program: helps pay Part B premiums for people who have Part A.
• Qualifying Individual (QI) Program: helps pay Part B premiums for people who have Part A.
• Qualified Disabled and Working Individuals (QDWI) Program: helps pay the Part A premium.

You can see the current income-limits and other qualifications at Medicare.Gov.

FACT: If you qualify for the QMB, SLMB, or QI, you automatically qualify for the Extra Help program.