What is it?
Kentucky Medicaid provides partial financial assistance with Medicare premiums, deductibles, or coinsurance for certain low income Medicare beneficiaries who are not entitled to the full Medicaid benefit package through the Medicare Savings Program. These are known as Qualified Medicare Beneficiaries (QMB) Specified Low-Income Medicare Beneficiaries (SLMB), and Qualifying Individuals.
Medicare Savings Program Eligibility
Question 1
Do you have Medicare Part A, also known as hospital insurance?
- Yes. Go to question 2.
- No. You do not qualify for extra Medicare savings at this time.
- If you are not sure, look at your red, white, and blue Medicare insurance card or call Social Security toll-free at 800-772-1213 to find out. If you are eligible for Medicare Part A, but do not have it because you cannot afford it, you should contact the
Social Security Administration to file an application for actual or conditional Medicare Part A.
Question 2
Are you an individual with a monthly income of less than $1,796 or a couple with a monthly income of less than $2,435?
When figuring out your income, do not include $20. The first $20 does not count against you.
- Yes. Go to question 3.
- No. You do not qualify for extra Medicare savings at this time.
Question 3
Are you an individual with resources of $9,950 or less or a couple with resources of $14,910 or less?
Resources include, but are not limited to, checking accounts, savings accounts, stocks, bonds, certificates of deposit, annuities, trusts, and life insurance policies. Some resources may be excluded if they fall under the exemption criteria for Medicaid eligibility. Examples of resources include the home you live in, the vehicle you drive, or up to $1,500 for burial expenses or life insurance.