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I received a letter saying I can sign up for the Medicare Savings Program, what is that?

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I received a letter saying I can sign up for the Medicare Savings Program, what is that?

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If you qualify, Iowa Medicaid can help assist with paying your premiums for you Medicare Part A and/or Part B. There are two programs that qualify under the Medicare Savings Program. They are Qualified Medicare Beneficiary (QMB) and Specified Low-Income Medicare Beneficiary (SLMB). QMB will pay for your Medicare premiums, co-pays and deductibles. SLMB will only pay for your Medicare Part B Premiums.

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