Since 2011, we've helped more than 5 million people understand their Medicare coverage.
Get coverage now!
* By shopping with our third-party insurance agency partners. You may be contacted by a licensed insurance agent from an independent agency that is not connected with or endorsed by the federal Medicare program.
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1–800– MEDICARE to get information on all of your options.
What are Specified Low-Income Medicare Beneficiary (SLMB) and Qualified Individuals (QI) programs?
The Specified Low-Income Medicare Beneficiary (SLMB) program is a Medicare Savings Program (MSP) that pays for an enrollee’s Medicare Part B premiums. MSPs are federal programs that are administered by Medicaid in each state.
As of 2020, most Medicare beneficiaries pay $144.90 a month for Part B. SLMB enrollees no longer have this amount deducted from their Social Security benefit – amounting to an annual increase of over $1,738.
Individuals who are approved for SLMB will receive three months of retroactive benefits.
It can take two to three months between being approved for MSP benefits and the time Part B premiums are no longer deducted from Social Security income. Applicants should receive a one-time deposit for premiums that were withheld after they were enrolled in the program, and a payment for their retroactive benefits.
Unlike the Qualified Medicare Beneficiary (QMB) program, SLMB does not pay for Parts A and B cost sharing (e.g. deductibles, co-pays and coinsurance) or for Part A premiums (if an enrollee owes them).
SLMB enrollees automatically receive Extra Help – a federal program that lowers prescription drug costs under Part D.