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What are Medicare Savings Programs?
Medicare Savings Programs are state-run programs that help people with limited income and resources pay their Medicare costs.
Depending on which program you qualify for, they can pay your Part B (medical) monthly premium, and some can also cover your Medicare deductibles, copayments, and coinsurance. There are several tiers, each with its own income and resource limits, so the level of help varies. You apply through your state Medicaid office, and qualifying for many of these programs also automatically qualifies you for Extra Help, the federal program that lowers prescription drug costs. The limits change yearly, so it is worth checking even if you did not qualify before. To find out which program you might qualify for and how to apply, reach out to a licensed Goodsurance advisor at 1-888-301-8091 (TTY 711), Mon to Fri 8 am to 5 pm PT.