Medicare Savings Program

The Medicare Savings Program helps eligible individuals with limited income and resources pay for certain Medicare costs, such as premiums, deductibles, copayments, and coinsurance. It’s designed to reduce the financial burden of healthcare expenses for seniors and disabled individuals. To qualify, income and asset levels must fall within specific limits, which vary by state. The program can also provide extra help with prescription drug costs. Essentially, it ensures that fewer people struggle to afford necessary healthcare services covered under Medicare.