How to Apply for Medicare Savings Programs

Are you over 65 and enrolled in Medicare, but struggling with your healthcare and prescription costs?

You may qualify to have some of your medical expenses paid for — up to $7,000 a year — through government-run Medicare Savings Programs.

For more than 60 years, AARP Foundation has been helping people afford the essentials, including healthcare. Figuring out if you’re eligible for this money-saving benefit can be tricky.

That’s why we’re offering this step-by-step guide to applying for Medicare Savings Programs — and we’re here with you every step of the way.

What are Medicare Savings Plans?

The first thing to know is that Medicare Savings Programs are not health insurance — they’re programs that pay for certain Medicare expenses for you. These programs can help you pay for out-of-pocket costs such as premiums, copays, coinsurance, and deductibles without changing your current Medicare enrollment.

There’s no cost to participate and no one will ask you for money. Best of all, your current plan and doctors won’t change if you qualify.

To qualify for a Medicare Savings Program, you must have income and savings below a certain limit — and these limits go up each year. Even if you don’t think you qualify, you should still apply.

Am I Eligible?

Every state has slightly different guidelines. But in general, your income — and sometimes your savings — must be below certain limits. These limits go up every year.

• If single, your monthly income cannot be higher than $1,549 and your savings cannot be greater than $8,400
• If married, your combined income cannot be higher than $2,080 and your combined savings cannot exceed $12,600

How to Apply

Think you may qualify? Here are your next steps:

Step 1: Gather some documents

You’ll be asked to provide proof of the following:

• Who You Are: Your Social Security card, Medicare card, birth certificate, passport, or green card
• Your Address: A copy of your electric or phone bill
• Your Monthly Income: A Social Security Administration award letter, income tax return, or pay stubs

If you’re worried about sharing personal documents, we understand. Call 888-999-0000, and we’ll make sure to connect you with credible assistance trusted by AARP Foundation.

Step 2: Tally your savings

You’ll also need to show your assets: any savings, checking, or retirement accounts. Good news! Some states do not count some or all of your assets, making it easier to qualify.

Step 3: Apply

Call us today to connect with trusted, trained people in your state who provide free step-by-step assistance.

More than 10 million people are already enrolled — but 2.5 million more are eligible. AARP Foundation is here to help you apply!

Get Free Help Applying

Enrolling in a Medicare Savings Program may free up funds in your budget for other household expenses like groceries, rent, and electricity.

Call us to connect to someone in your state that can help you get started. Even if you’re unsure, call to find out more. We’re here to help!