Which type of Medicaid is specifically designed to assist with out-of-pocket costs for Medicare beneficiaries?

The Medicare Savings Program is specifically designed to help Medicare beneficiaries cover out-of-pocket costs associated with their Medicare services. This program assists low-income individuals by paying for premiums, deductibles, co-insurance, and copayments that Medicare beneficiaries might otherwise struggle to afford.

Many seniors and individuals with disabilities rely on Medicare for their healthcare needs, but the costs can be burdensome. The Medicare Savings Program steps in to alleviate some of this financial pressure by offering support to those who qualify based on their income and resources.

In contrast, traditional Medicaid generally offers a wider range of health services to lower-income individuals and families and doesn't specifically target Medicare beneficiaries in terms of out-of-pocket expenses. Managed care refers to a system that integrates the delivery and financing of healthcare services, not specifically created for Medicare cost assistance. Medicaid Expansion is a provision of the Affordable Care Act that expands eligibility for Medicaid but does not directly provide support for Medicare costs. Thus, the Medicare Savings Program stands out as the correct answer for assisting Medicare beneficiaries with their out-of-pocket expenses.