Medicare Savings Program (MSP)
What is MSP and why do I care?
Medicare Savings Programs (MSPs) are state-run Medicaid initiatives that help low-income Medicare beneficiaries pay for premiums, deductibles, coinsurance, and copayments. In Alabama, if your MSP application is approved, your Part B premium will be paid on your behalf as well as automatically qualify you for "Extra Help" with Medicare Part D prescription drug coverage.
How do I qualify?
The MSP in Alabama is income based, meaning you qualify by meeting income requirements.
These income limits usually change every February.
Currently, the rates for 2025 are as follows:
- Individual less than $1,781 gross monthly income.
- Married less than $2,400 combined gross monthly income.
Ready To Get Started?
Call today and let's schedule a free, no obligation appointment to get your application started.