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The Qualified Medicare Beneficiary (QMB) program provides Medicare coverage of Part A and Part B premiums and cost sharing to low-income Medicare beneficiaries. In 2017, 7.7 million people (more than one out of eight people with Medicare) were in the QMB program.
If you are a senior with a monthly income and total assets that are under a set limit, you might be eligible for the Qualified Medicare Beneficiary program, or QMB. Below, we’ll explain all you need to know about what the QMB program pays for, who’s eligible, and how to sign up.
If you can’t afford your Medicare premiums, the Qualified Medicare Beneficiary (QMB) program might be able to help. To qualify, your assets and monthly income must fall below certain...
Qualified Medicare Beneficiary (QMB): Covers Part A and Part B premiums, deductibles, coinsurance, and copayments. Specified Low-Income Medicare Beneficiary (SLMB): Covers only Part B premiums.
The Qualified Medicare Beneficiary (QMB) program helps people in need pay for their Medicare premiums and cost sharing. See what it covers and who qualifies.
To be eligible for the QMB program, an individual typically must have Medicare Part A coverage. In addition, some states require that an individual’s income and resources fall below a specific dollar amount.
Who is eligible for the Qualified Medicare Beneficiary program? To qualify for QMB in most states, you must earn no more than the federal poverty level (FPL) plus $240 per year. This amounts to $15,300 per year for a single person and $31,440 per year for a family of four in 2024.