Medicare Savings Programs

Medicare Glossary Topic.

Medicare Savings Programs are federally funded program administered by each individual state. The programs are intended for people with limited income and help them pay for some or all of their Medicare premiums, deductibles, copayments and coinsurance. The four Medicare Savings Programs include:

  • Qualified Medicare Beneficiary (QMB)

  • Specified Low-Income Medicare Beneficiary (SLMB)

  • Qualifying Individual (QI or QI-1)

  • Qualified Disabled and Working Individuals (QDWI)