Medicare Savings Programs
State programs that help pay Medicare premiums and sometimes deductibles and coinsurance for people with limited income.
Reviewed byAaron Sims
Medicare Term
Definition
State programs that help pay Medicare premiums and sometimes deductibles and coinsurance for people with limited income.
Medicare Savings Programs (MSPs) are state-run programs that help people with limited income and resources pay their Medicare costs. There are four types: QMB (pays Part A and B premiums plus deductibles and coinsurance), SLMB (pays Part B premium), QI (pays Part B premium), and QDWI (pays Part A premium). Eligibility requirements vary by state.
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