The Qualified Medicare Beneficiary Program (QMB) program benefits over 7.7 million Americans every year, but do you fully understand what it is? The QMB program helps people who are also enrolled in Medicaid and need help covering their Medicare insurance premiums. Here’s what everyone should know about the Qualified Medicare Beneficiary program.
5 Interesting Facts About the Qualified Medicare Beneficiary Program
The QMB program can cover the costs of Medicare Part A premiums, Medicare Part B premiums, deductibles, coinsurance for any Medicare program services, Medicare Part D premiums and a percentage of Medicare insurance drug costs. This program, if you are eligible, is a phenomenal way to reduce the amount that you are paying for healthcare.
People who are eligible to enroll in the QMB program must be enrolled in Medicare Part A and have limited assets or financial resources. To learn more about the adjusted limit for living in your area, work with Ritter Client Services to secure the Medicare program that is right for you and your income.
The QMB program is different from Medicaid. Medicaid is designed to pay for services that are not typically covered by traditional Medicare plans. QMB is known as “partial Medicaid,” and it pays for services that are already covered by the Medicare program. For example, dental and vision services are not typically covered by Medicare insurance. Consequently, QMB also does not cover those services.
If you are enrolled in the QMB program, you must bring both your Medicare program card and your Qualified Medicare Beneficiary card with you to the doctor. Always ensure that your doctor knows that you participate in both programs, as Medicare insurance providers are not allowed to bill you for services and items that the Medicare program covers as a result of your participating in the QMB program.
The current individual monthly income limit for the QMB program is $1,061. The limit for a married couple is $1,430. The individual resource limit is currently $7,730 and the married couple resource limit is $11,600.
Understanding the Qualified Medicare Beneficiary Program with Ritter Client Services
Ritter Client Services is proud to be Medicare insurance problem solvers for thousands of patients throughout Central Pennsylvania. There is no cost to use our services and take advantage of our wealth of Medicare program knowledge. To have your Medicare insurance or health insurance questions answered by our knowledgeable team, contact Ritter Client Services today by calling 877-588-7166 (TTY: 711).