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Medicare Savings Programs 2026

Medicare Savings Programs (MSPs) help low-income Medicare beneficiaries pay for Medicare premiums, deductibles, and copayments. There are four programs — QMB, SLMB, QI, and QDWI — each covering different costs at different income levels. Enrollment also qualifies you for Extra Help paying for prescription drugs. Apply even if you think you may not qualify — state rules vary and are often more generous than federal minimums.

✓ Updated 2026 4 programs covered Save $2,400+/year
The 4 programs Income limits Extra Help How to apply FAQ

The 4 Medicare Savings Programs

Each MSP has different income limits and covers different Medicare costs. Most people should apply for QMB first since it offers the most comprehensive coverage.

QMB Qualified Medicare Beneficiary Most comprehensive

QMB is the most generous MSP. If you qualify, Medicare providers are legally prohibited from billing you for any Medicare cost-sharing — no premiums, no deductibles, no copayments, no coinsurance for Medicare-covered services. If a provider bills you for Medicare cost-sharing when you have QMB, you have the right to dispute the bill.

Income limit (single)
$1,350/mo
Income limit (couple)
$1,824/mo
Asset limit (single)
$9,660
Asset limit (couple)
$14,470
What QMB covers:
  • Medicare Part A premiums (if applicable)
  • Medicare Part B premiums ($185.00/month in 2026)
  • Medicare Part A and Part B deductibles
  • Medicare Part A and Part B coinsurance and copayments
  • Automatic qualification for Extra Help (Low Income Subsidy for Part D)
SLMB Specified Low-Income Medicare Beneficiary

SLMB covers your Medicare Part B premium only. At $185.00/month in 2026, that's $2,220/year in savings. You also get automatic Extra Help for prescription drugs.

Income limit (single)
$1,616/mo
Income limit (couple)
$2,184/mo
Asset limit (single)
$9,660
Asset limit (couple)
$14,470
What SLMB covers:
  • Medicare Part B premium only ($185.00/month)
  • Automatic qualification for Extra Help (Part D)
  • Does NOT cover deductibles, copayments, or Part A costs
QI Qualifying Individual First-come, first-served

QI covers your Medicare Part B premium, same as SLMB, but is available to people with slightly higher incomes. Important: QI enrollment may be limited based on state funding and eligibility rules — apply early in the year and reapply every year. Priority is typically given to people who received QI benefits the prior year.

Income limit (single)
$1,816/mo
Income limit (couple)
$2,455/mo
Asset limit (single)
$9,950
Asset limit (couple)
$14,910
What QI covers:
  • Medicare Part B premium only
  • Automatic qualification for Extra Help (Part D)
  • Does NOT cover deductibles, copayments, or Part A costs
  • Only available to people who don't qualify for any other Medicaid
QDWI Qualified Disabled & Working Individual

QDWI is for people under 65 who have a disability, are working, and lost premium-free Medicare Part A because they returned to work. It pays the Part A premium only.

Income limit (single)
$1,997/mo
Income limit (couple)
$2,694/mo
Asset limit (single)
$4,000
Asset limit (couple)
$6,000
What QDWI covers:
  • Medicare Part A premium only
  • Does NOT cover Part B, deductibles, or copayments
  • For disabled workers under 65 who lost free Part A by returning to work

MSP Income Limits 2026 — Comparison Table

Income limits include the standard $20/month general income disregard. Actual limits may be slightly higher in Alaska and Hawaii. Some states have more generous limits — check with your state Medicaid office.

Program FPL % Single income limit Couple income limit Single assets Couple assets What it covers
QMB ~100% $1,350/mo $1,824/mo $9,660 $14,470 Premiums, deductibles, copays
SLMB ~120% $1,616/mo $2,184/mo $9,660 $14,470 Part B premium only
QI ~135% $1,816/mo $2,455/mo $9,950 $14,910 Part B premium only
QDWI ~200% $1,997/mo $2,694/mo $4,000 $6,000 Part A premium only (disabled workers)
Asset limits: The following items do NOT count toward asset limits: your home, one car, personal belongings, burial funds up to $1,500 per person, and life insurance with face value under $1,500. Several states — including Connecticut, Delaware, Louisiana, Maine, Mississippi, and California — have eliminated or significantly raised asset limits. Always check your state's rules.

Extra Help — Medicare Part D Low Income Subsidy

Enrolling in any Medicare Savings Program automatically qualifies you for Extra Help (also called the Low Income Subsidy or LIS) for Medicare Part D prescription drug coverage. This benefit can be worth $5,700/year or more.

💊
No premium

Pay $0 premium for a benchmark Part D plan as long as you have Extra Help.

💰
Low copayments

Pay no more than $5.10/month for generic drugs and $12.65 for brand-name drugs in 2026.

📋
No deductible

No Part D deductible — coverage starts from your first prescription.

📅
No late penalty

No late enrollment penalty for Part D if you receive Extra Help, even if you sign up late.

Already have Medicare but not enrolled in MSP? You may be leaving money on the table. An estimated 30–40% of people who qualify for Medicare Savings Programs are not enrolled. Apply at your state Medicaid office — it's free, and benefits can be retroactive up to 3 months.

How to Apply for Medicare Savings Programs

Step 1
Contact your state Medicaid office

MSPs are run by state Medicaid agencies. Visit Medicare.gov/savings-programs or call 1-800-MEDICARE (1-800-633-4227) to find your state's contact information.

Step 2
Gather documents

You'll need: Medicare card, proof of income (Social Security award letter, pay stubs), proof of assets (bank statements), and proof of residency.

Step 3
Submit your application

Apply online through your state's Medicaid portal, by phone, by mail, or in person. You can also apply through the Social Security Administration for Extra Help directly.

Step 4
Get free help if needed

Your State Health Insurance Assistance Program (SHIP) offers free, unbiased help with MSP applications. Call 1-800-MEDICARE to find your local SHIP counselor.

Apply even if you think you earn too much or have too many assets. MSP eligibility rules vary significantly by state — many states have eliminated asset tests or use higher income limits than the federal minimums shown here. Medicare guidance specifically encourages everyone to apply and let their state Medicaid agency make the official determination. There is no penalty for applying and being denied.
Free help is available: Your State Health Insurance Assistance Program (SHIP) offers free, unbiased counseling. Call 1-800-MEDICARE (1-800-633-4227) to find a free SHIP counselor in your area. You can also apply through Medicare.gov or your local Social Security office.

Frequently Asked Questions

Who qualifies for Medicare Savings Programs?

To qualify for any MSP you must: (1) be enrolled in Medicare Part A, (2) have income at or below the program's income limit, and (3) have assets at or below the asset limit. Most people who qualify are 65 or older, but younger people with disabilities who have Medicare can also qualify.

What counts as income for MSP eligibility?

MSPs follow SSI (Supplemental Security Income) rules for counting income. This means approximately half of your earned income from work is NOT counted. Social Security retirement and disability benefits DO count. The programs also allow a standard $20/month general income disregard — that's already included in the income limits shown above.

What counts as assets for MSP eligibility?

Countable assets include bank accounts, stocks, bonds, and most savings. Assets that do NOT count include your home (primary residence), one car, household goods, life insurance with face value under $1,500, burial funds up to $1,500 per person, and retirement accounts in many states. Several states have eliminated asset tests entirely.

Can I have both Medicare and Medicaid?

Yes — people who qualify for both are called "dual eligible." If you qualify for full Medicaid in addition to Medicare, you automatically get QMB benefits and Extra Help without needing to apply separately. Medicaid covers costs that Medicare doesn't pay.

How long does it take to get approved for MSP?

States have up to 45 days to process MSP applications (90 days for disability-based applications). SLMB and QI benefits can be retroactive up to 3 months before your application date. QMB benefits generally begin the month after approval.

Do I need to reapply every year?

It depends on the program and state. QI always requires annual reapplication. QMB and SLMB may be renewed automatically in some states through the Medicaid renewal process, but you should confirm with your state. If your income or assets change significantly, report it to your state Medicaid office.

What is the difference between MSP and Extra Help?

MSPs help pay Medicare Part A and Part B costs (premiums, deductibles, copays). Extra Help (also called the Low Income Subsidy or LIS) specifically helps pay Medicare Part D prescription drug costs. Enrolling in any MSP automatically qualifies you for Extra Help. You can also apply for Extra Help separately through the Social Security Administration if you don't qualify for an MSP.

Disclaimer: Medicare Savings Program rules, income limits, and asset tests vary by state and are updated annually each January. Always verify current eligibility with your state Medicaid agency or by calling 1-800-MEDICARE. Source: Medicare.gov — Medicare Savings Programs, CMS.gov.

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