Residents of Massachusetts can receive help with their Medicare health insurance costs through the Medicare Savings Programs (MSPs). These programs, designed for those on a low income, can help eligible Medicare recipients pay for Medicare Part A and B premiums, as well as copays and deductibles.

Due to recent rule changes, more people will be able to qualify for these money-saving programs than ever before. Previously, a person’s assets were taken into consideration when they applied. This has changed and eligibility is now based solely on income. This means assets such as your home and savings account will not be considered when you apply. If your income is at or below $2,824 per month you may qualify for the program. For married couples, your income needs to be at or below $3,833 per month.

Those who qualify have the chance to save up to $3,000 per year on their Medicare costs. If you are eligible for the Medicare Savings Programs you will also be enrolled in Medicare Part D Extra Help. This program is designed to assist with your prescription drug costs. Even if you are not on MassHealth you can still qualify for these money-saving programs.

To find out more about the Medicare Savings Program, please visit www.mass.gov/MedicareSavings. Application forms are available at the website for download and it takes just minutes to apply. You can also request an application or learn more by calling the MassHealth Customer Service Center at (800) 841-2900, TDD/TTY: 711. MassHealth representatives are on hand to answer your questions Monday through Friday, 8:00am – 5:00pm.

We hope you will learn more about this important money-saving program if you need it!