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 2023
Massachusetts has new income and asset limits for these programs starting January 1, 2023. These new limits make more people eligible for these programs.
Program Name |
MSP-only Income Limits |
MSP and Standard Income Limits |
MSP and CommonHealth Income Limits |
2023 Asset Limit (updated annually) * |
---|---|---|---|---|
Qualified Medicare Beneficiary (QMB) |
Less than or equal to 190% FPL |
Less than or equal to 130% FPL |
N/A |
Individual $18,180 Couple $27,260 |
Specified Low-Income Medicare Beneficiary (SLMB) |
Greater than 190% FPL and less than or equal to 210% FPL |
Greater than 130% FPL and less than or equal to 150% FPL |
N/A |
Individual $18,180 Couple $27,260
|
Qualifying Individual (QI) |
Greater than 210% FPL and less than or equal to 225% FPL |
Greater than 150% FPL and less than or equal to 165% FPL |
Less than or equal to 135% FPL |
Individual $18,180 Couple $27,260 |
*These amounts may change as of January 1 of each year.
To see if you qualify for a Medicare Savings Plan, see the Medicare Savings Program application.
For more information, see Additional Resources, below.