Financial Services

Medicare

Savings for Medicare Members

Medicare Savings Support

Looking to get the most out of your Medicare plan? Our Patient Care Advocates specialize in helping older adults like you save more and stress less. Whether it's identifying savings programs, connecting you with valuable resources, or finding ways to stretch your budget, we're here to support you every step of the way. Let us help you make the most of your benefits and improve your quality of life.

Schedule an appointment today and start saving!

MEDICARE PART A

Often referred to as hospital insurance because it primarily covers inpatient hospital care and related services.

MEDICARE PART B

Helps pay for doctor visits, checkups, tests, medical equipment, mental health care, and some medicines.

MEDICARE PART C

Medicare Part C (Medicare Advantage) is a private plan that combines Parts A and B and may include extras like vision, dental, and drug coverage. Costs and benefits vary by plan.

MEDICARE PART D

Helps cover the cost of prescription drugs. It’s offered by private companies, and costs depend on the plan you choose.

  • • Real estate (other than your primary residence). ​

    • Bank accounts, including checking, savings, and certificates of deposit. ​

    • Stocks. ​

    • Bonds, including U.S. Savings Bonds. ​

    • Mutual funds. ​

    • Individual Retirement Accounts (IRAs). ​

    • Cash at home or anywhere else.

    • Your primary residence. ​

    • Your personal possessions.​

    • Your vehicle(s). ​

    • Resources you couldn’t easily convert to cash, such as jewelry or home furnishings. ​

    • Property you need for self-support, such as rental property or land you use to grow produce for home consumption. ​

    • Non-business property essential to your self-support.

    • Life insurance policies. ​

    • Burial expenses. ​

    • Interest earned on money you plan to use for burial expenses.

The Low Income Subsidy (LIS) helps people with Medicare pay for prescription drugs, and lowers the costs of Medicare prescription drug coverage. 

LOW INCOME SUBSIDY (LIS) EXTRA HELP FOR PART D

INCOME REQUIREMENTS

INCOME LIMIT

$23,475

$31,725

YOUR SITUATION

INDIVIDUAL

MARRIED COUPLE

RESOURCE LIMIT

$17,600

$35,130

Frequently Asked Questions

  • Medicare Savings Programs (MSPs) are state programs that help people with low income pay for Medicare costs. These programs can cover things like premiums, deductibles, coinsurance, or copayments, making Medicare more affordable.

  • To qualify, you need to have Part A, Part B, and meet income limits and other requirements.

  • 1. Qualified Medicare Beneficiary (QMB) Program

    • Pays part A and Part B premiums

    • Pays deductibles

    • Pays co-payments except for prescriptions

    2. Specified Low-Income Medicare Beneficiary (SLMB)

    • Pays Part B premium

    3. Qualified Individual Program (QI-1)

    • Pays Part B premium

    4. Qualified Disabled Working Individual (QDWI)

    • Pays Part A premium

  • Yes, someone with Medicaid can also qualify for Medicare if they meet the eligibility requirements for Medicare. Many people, especially those with disabilities or who are 65 and older, qualify for both programs.

    • Schedule an appointment.

    • Meet with a patient care advocate.

    • Discover which Medicare Savings Programs you qualify for.

    • Get enrolled and start saving!

Medicare Savings Programs Income Standards

Type of Medicare Program

Monthly Income (Individual)

Monthly Income (Married)

Program 1 QMB

Oregon

Up to $1,255

Washington

Up to $1,381

Oregon

Up to $1,704

Washington

Up to $1,874

Program 2 SLMB

Oregon

Up to $1,506

Washington

Up to $1,506

Oregon

Up to $2,044

Washington

Up to $2,044

Program 3 QI-1

Oregon

Up to $1,695

Washington

Up to $1,732

Oregon

Up to $2,300

Washington

Up to $2,351

Program 4 QDWI

Washington

Up to $2,510

Washington

Up to $3,407

Start Saving Today

Start Saving Today

Schedule with one of our Patient Care Advocates!