Medicare Savings Programs are a resource offered through state Medicaid programs to help Medicare beneficiaries with the costs of Medicare Parts A and B. There are four types of Medicare Savings Programs with different eligibility requirements and varying levels of assistance. The Medicare Savings Programs will still work if you have additional Medicare coverage like a Part C (Medicare Advantage) Plan, Part D Prescription Plan, or Medicare Supplement Plan (Medigap).

These programs pay directly for Medicare costs like premiums, deductibles, or copayments. They are not programs you have to pay into, like a Health Savings Account (HSA) or a Flexible Spending Account (FSA).

Many individuals who qualify for a Medicare Savings Program also automatically qualify for Extra Help, a program that assists with the costs of prescription drug coverage. You will probably be enrolled when your Medicare Savings Program application goes through, but if you have any questions about Extra Help, you can contact the Social Security Administration.

Types of Medicare Savings Programs

Applying for a Medicare Savings Program

You can apply for a Medicare Savings Program through your state’s Medicaid office. You will probably be able to find the application online, but if you’re having trouble, you can call in for help. We recommend applying even if you’re not certain whether you’re eligible. The exact details of how income and resources are calculated can get complicated; it’s better to apply than potentially miss out on assistance you could be receiving.

For your Medicare Savings Program application, you will need more paperwork than applying for a Medicare plan. Gathering these items before you call or fill out the application is a good idea:

• Social Security Card
• Medicare card
• Investment statements
• Tax returns and Life insurance policies
• Payroll slips and Pension letters
• Recent balance statements from banks, credit unions etc.

Enrollment Eligibility

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