4 Medicare Savings Programs That Could Help You Save Money

Updated: May 18

The costs associated with Medicare often change from year to year, but one thing remains the same: many low-income seniors struggle to pay for Medicare expenses. The good news is that if you are a senior struggling to pay for your health care costs because of limited income and resources, there are Medicare Savings Programs that may be able to help you pay for your Medicare premiums and in some cases, your deductibles, coinsurance, and copayments.


As Medicare agents we hate to see kupuna worry about the cost of health care; it’s our job to connect you with all the programs you qualify for and find the plans that best fit your budget and your needs. Please contact us today to discuss your options.


4 Medicare Savings Programs That Could Save You Money


Below are four Medicare savings programs that can help seniors. In Hawaii, eligibility for each program is based on individual or married couple income limits and resources, though you should still apply if your income or resources are slightly higher than the limits. The amounts may change each year so it’s important to check back for the current year’s limits.


Check with your local Medicare agent to confirm your eligibility as income limits are slightly higher in Hawaii.


Qualified Medicare Beneficiary (QMB) Program