Content Overview
- Summary
- The Benefits Under Each Of The Assistance Programs
- Income And Resource Limits For Financial Assistance
- Eligibility For Medicare Financial Assistance
- Definition of Net Countable Income
- How Do I Enroll In One Of The Medicare Buy-In Plans?
- Federally-funded Health Centers (also known as HRSA Health Centers)
- For Additional Information
Medicare: Financial Assistance (QMB, QWDI, SLIMB)
Eligibility For Medicare Financial Assistance
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To qualify for financial assistance, you must:
- Be eligible for Part A Medicare (Hospital Insurance).
- Have a limited income that varies by program (See below).
- Have assets or resources such as bank accounts, stocks, and bonds of less than $4,000 for a single person or $6,000 for a couple.
- Your lived-in home of any value, one vehicle, and burial plots do not count.
- An additional $1,500 in savings is permitted if it's kept separate from other money and is earmarked for your burial.
- Not already be receiving Supplemental Security Income (SSI) or Medicaid.
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