Monday, April 4, 2011

Information On Medicaid'S Qmb Program For Lowincome People

The Qualified Medicare Beneficiary (QMB) program is a state program designed to provide individuals with both Medicare and Medicaid coverage, with extra help paying for medical expenses. Every state offers the QMB program.


Identification


QMB is operated by the state government. The state's Medicaid program sends payments directly to Medicare to cover qualifying expenses.


Function


QMB typically pays for Medicare Part A and Part B premiums, co-payments, co-insurance and deductibles.


Income & Resource Limits


The monthly income limit in 2010 is $923 for individuals and $1,235 for married couples. Your total resources, including money in checking and savings accounts, bonds, property (other than primary residence and its property), vehicles (one is allowed), stocks and other cash-value assets must be less than $4,000 for individuals and $6,000 for couples.


Enrollment


Contact your state's Medicaid office to enroll in QMB. You can get their number by calling 1-800-MEDICARE.








Alternatives


Other Medicare Savings Programs include Specified Low-Income Medicare Beneficiary (SLMB) and Qualifying Individual (QI), which only pay for part B premiums, and Qualified Disabled & Working Individuals (QDWI), which only pays for part A premiums.

Tags: Medicare Beneficiary, state Medicaid, which only