Medicaid & Low-Income Benefits:
Medicare Savings Programs
Medicare Savings Programs (MSPs) are Medicaid-administered programs available to Medicare and Medicaid eligible beneficiaries with limited income and resources to help pay for their Medicare cost-sharing. At the very least, all MSPs save beneficiaries the cost of monthly Medicare premiums.
There are four MSPs for which Medicare-eligible people may qualify, depending on their financial situations:
- Qualified Medicare Beneficiary (QMB)
- Specified Low-Income Medicare Beneficiary (SLMB)
- Qualified Individual (QI)
- Qualified Disabled and Working Individual (QDWI)
HAP Resources