Medicare Savings Program

The Medicare Savings Program (MSP) is a great way to save money on your Medicare expenses. This program can help people with limited income pay for their Medicare premiums by providing financial assistance. Qualified applicants may be able to receive payment for all or part of their Part A and/or Part B premiums, as well as additional funds for other costs such as deductibles and coinsurance.

To qualify for the MSP, an individual must meet certain criteria related to income and assets. Eligibility requirements vary from state to state, so it’s important to check local rules when applying. In general, those who are eligible should have household incomes at or below 135% of the Federal Poverty Level (FPL). They must also have limited assets, such as savings and investments, to qualify for the program.

If you think that you may be eligible for the Medicare Savings Program, it’s important to apply as soon as possible. This will ensure that you don’t miss out on valuable savings on your Medicare expenses. To start the application process, contact your local Medicaid office or call +1 812-675-8886. An experienced Medicare representative can provide more information about MSP eligibility requirements and help you get started with the enrollment process. With the help of the MSP, many seniors are able to enjoy a significantly reduced cost for their healthcare coverage and medical services. Don’t miss out on this valuable opportunity – contact your us here at Senior Insurance Services​ today to get more information about the Medicare Savings Program.