What does the Medicare Savings Program do?

The Medicare Savings Program is designed to assist individuals who are eligible for both Medicare and Medicaid, often referred to as dual-eligible beneficiaries. This program specifically helps cover costs that Medicare beneficiaries may have, including premiums, deductibles, and co-payments associated with Medicare services. By alleviating the financial burden of these expenses, the program ensures that low-income seniors and individuals with disabilities can access necessary medical care without the stress of high out-of-pocket costs.

The emphasis on providing financial support for Medicare premiums and deductibles highlights the program's critical role in making Medicare services more affordable for those in need. It is particularly important because many beneficiaries are on fixed incomes and may struggle to pay for their healthcare.