Which program primarily covers the Medicare Part B premium for low-income beneficiaries?

The Specified Low-Income Medicare Beneficiary (SLMB) program is designed specifically to assist low-income individuals by covering their Medicare Part B premiums. The SLMB program is part of the broader Medicare Savings Programs (MSP) that aim to help those who qualify by providing financial support for their healthcare costs.

Individuals eligible for this program typically have incomes that fall between the federal poverty level and a specified higher limit. By paying the Part B premium, the SLMB program helps reduce the financial burden on beneficiaries, ensuring they can access necessary healthcare services without worrying about high insurance costs.

Other programs mentioned, such as the Qualified Medicare Beneficiary (QMB), also assist with costs related to Medicare, including covering both Part A and Part B premiums, deductibles, and co-insurance for those with even lower income levels. However, the key distinction of the SLMB program is its specific focus on the Part B premium for individuals who may not qualify for the more extensive QMB assistance.

The Medicare Savings Program encompasses a variety of assistance options, but it's the SLMB that specifically targets the payment of the Part B premium. While Medicaid serves as a broader safety net for low-income individuals, covering a range of healthcare services, it is not specifically aimed