Medicare premiums are not expensive for the level of coverage a recipient gets with the plan. Everyone over the age of 65 has at least Medicare Part A. Even though the premiums for Part B and Part D are not expensive, people with limited resources may find his Medigap premiums difficult to pay. If he has limited resources, he may qualify for the QMB, SLMB or the QI programs designed to help people play their Medicare premiums. When applying for any of these programs, a person needs to know what they are and whether they will pay for his Medigap premiums.
QMB, SLMB, and QI are collectively referred to as Medicare savings programs. They take care of the cost of deductibles, co-pays and premiums for individuals who meet the guidelines. The QLMB program, for example, requires applicants to be at or below the poverty level to qualify. The programs do not replace Medicare supplemental plans, although these plans serve many of the same purposes that people pay Medigap premiums for. The overall goal is to reduce the amount of money that a person has to pay for health coverage out of their own pocketbook.
Yes, but generally not through the federal government. Medicare supplemental insurance policies are sold by private companies. These companies sometimes have programs to help people pay their programs. A perspective client can ask if such programs exist, although he will most likely be told that he is out of luck. Asking the question does not hurt, as there is no other way to find out. A person who qualifies for this help may also qualify for his state’s Medicaid program, and not need to worry about paying any of his Medigap premiums.