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The 4 Medicare Savings Programs (MSPs)

The 4 Medicare Savings Programs (MSPs)

The 4 Medicare Savings Programs (MSPs)

As with anything, the first step is figuring out which version of Medicare you can get. Part A? Part B? What about D? Sounds a lot like grades from school, and then, when you finally do try to figure that out – you can start right here or ring us up at (615) 541-4257. A word of warning if you call us – we don’t speak like a lawyer or a doctor, just regular folks!

Once you get those first steps taken, you are really going to want to look into seeing what financial help options you can get from Tennessee paying your Medicare premiums. In some cases, Medicare Savings Programs may also pay Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) deductibles, coinsurance, and copayments if you meet certain conditions.

There are 4 basic kinds of Medicare Savings Programs available to you as a recipient… so if you still have income from working, you may qualify for these 4 programs even if your income is higher than the income limits they list in their fine print.

  1. Qualified Medicare Beneficiary (QMB) Program
  2. Specified Low-Income Medicare Beneficiary (SLMB) Program
  3. Qualifying Individual (QI) Program
  4. Qualified Disabled and Working Individuals (QDWI) Program

If you qualify for a QMB, SLMB, or QI program, you automatically qualify to get Medicare Extra Help paying for Medicare prescription drug coverage. The real secret? Read through the literature and ask questions. So often, people feel uncomfortable discussing their financials with the very people that can help them the most. At the same time, trying to work through all this by yourself can be frustrating and result in you not making the best choices for you.

This is where having a trusted advisor like really shines. We know the law, we know the benefits, and we know how to help our clients. You’ve spent your life earning the right to enjoy this healthcare, and being able to depend on real people in Tennessee can make all the difference.


At we have been serving families in Middle, East and West Tennessee for the last 5 years as an extension of Our agents are from every corner of the state ready to serve all areas in East, Middle and West Tennessee. Our home office is currently located in Nashville, TN.