this is true. medicare savings programs (msps) help those with both low income and limited assets to pay for medicare-related costs including premiums for medicare part a which covers inpatient hospital stays skilled nursing facility hospice and home health care costs and part b which pays for outpatient care including doctor visits. there are four main programs each with different income and asset limits. 1. qmb: the qualified medicare beneficiary (qmb) program will help pay the following costs: medicare part a premiums medicare part b premiums deductibles coinsurance and co-pays 2. slmb: the specified low-income medicare beneficiary program helps pay for the medicare part b premium. 3. qi: the qualified individual (qi) program helps to cover the cost of medicare part b premiums. 4. qdwi: the qualified disabled working individual (qdwi) program pays for the medicare part a premium for disabled individuals who had both social security and medicare coverage and lost those benefits because their earnings exceeded the income limit when they went back to work. in order to apply for one of the medicare savings programs contact your local department of social services (dss). you can also get assistance through your state health insurance counseling and assistance programs (ship) which you can find by visiting the medicare. gov medicare helpful contacts page or call 800-medicare.
i was told that my medicare premium may be paid if i have a low income. is this true?