What Is the Qualified Medicare Beneficiary Program?
The Qualified Medicare Beneficiary or QMB program is 1 of 4 Medicare Savings Programs (MSPs). It is specially designed to help those beneficiaries with low levels of income to cover their healthcare expenses. If you are qualified for this program, it would also help cover other costs for Medicare Part A and Part B, including copays, deductibles, and coinsurance. You may also save some money when purchasing prescription medications with Medication Part D benefits. [1]
