Overview
The Medicare savings programs can be divided into two four types. The Qualified Medicare Beneficiary (QMB) program is one of the most common types. If you have low income and resources, the program can help you cover services that are linked with Medicare parts A and B (original Medicare). You must meet certain criteria to enroll in the program. For example, you must be qualified for Medicare Part A and meet several resources and income requirements. Your state’s Medicaid office can tell you all you need to know about your application procedure and eligibility.
The Qualified Medicare Beneficiary (QMB) program is also a type of medicare savings program (MSPs). That is, it can help you cover certain costs of Medicare if you have limited income and resources. You can pay for different Medicare costs via QMB, such as copays, coinsurance, and deductibles.
According to research, only 33 percent of people who are qualified for the QMB program apply for it. Do you want to learn more about the Qualified Medicare Beneficiaries? Read on to find out.