A Medicare Savings Program can help pay some out-of-pocket costs, including:
- Your monthly Medicare Part B premium
- Prescription drug costs through the Part D Extra Help program, which you automatically qualify for with a Medicare Savings Program
- In certain cases, your out-of-pocket Part A and Part B costs, such as coinsurance and deductibles
- In certain cases, your Part A premium, if you have one
New income and asset limits for 2020
Massachusetts has new income and asset limits for these programs starting January 1, 2020. These new limits make more people eligible for these programs.
You are | Your income is at or below* | And your assets are at or below** |
---|---|---|
Single Individual | $1,755/month | $15,720 |
Married couple | $2,371/month | $23,600 |
*These amounts may change as of March 1, 2020.
**These amounts may change as of January 1, 2021.
To see if you qualify for a Medicare Savings Plan, see the Medicare Savings Program application.
For more information, see Additional Resources, below.
Additional Resources for
Open PDF file, 277.68 KB, for
Medicare Savings Programs Flyer
(PDF 277.68 KB)
Open DOCX file, 18.72 KB, for
Medicare Savings Programs Flyer
(DOCX 18.72 KB)
Open PDF file, 283.96 KB, for
Programas de Ahorros de Medicare
(PDF 283.96 KB)
Open DOCX file, 21.89 KB, for
Programas de Ahorros de Medicare
(DOCX 21.89 KB)