On March 31 Congress voted to extend the sunsetting Qualified Individual Medicaid Program (QI) for one more year. QI uses Medicaid funds to pay the Part B premium for Medicare beneficiaries whose incomes are between 120% and 135% of poverty and whose resources (assets) are below a certain threshold. QI is one of the Medicare Savings Programs, or benefits designed to help low-income Medicare beneficiaries cover some of their out-of-pocket costs. The Specified Low-Income Beneficiary program (SLMB) pays Medicare's Part B premium for those with incomes between 100% and 120% of poverty whose assets are below are certain threshold. The Qualified Medicare Beneficiary program (QMB) pays Medicare premiums for both Part A and Part B, as well as Medicare deductibles and copayments for people with incomes below 100% of poverty whose resources are below a certain threshold.
The Qualified Disabled Working Individual program (QDWI) pays Part A premiums for certain working Medicare beneficiaries whose incomes are below 200% poverty and whose resources fall below a certain threshold.
You can find more information about the Medicare Savings Programs at www.medicare.gov/your-medicare-costs/help-paying-costs/medicare-savings-program/medicare-savings-programs.html
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