Why are there two Medicaid programs (SLMB and Ql-1) that both pay the Medicare Part B premium?
The difference between SLMB and Ql-1 is that Ql-1 is paid from a limited fund of money, on a first come, first served basis. Each year, its possible that Ql-1 funds might run out. If that should happen, Ql-1 benefits would stop. Ql-2 only pays $3.09 toward the monthly Medicare Part B premium. Like Ql-1, Ql-2 is paid from a limited fund of money, on a first come, first served basis. Funds for the Q-l programs are available only through 2002. WHO IS ELIGIBLE for The Medicare Savings Programs? • You must be enrolled in Medicare Part A (hospital insurance). • For a single individual, financial resources (such as bank account, certificates of deposit, stocks and bonds) must be less than $4,000. For a married couple, financial resources must be less than $6,000. (Your home, one car, and ordinary household and personal belongings are not counted as resources. Your total monthly income (from Social Security, pensions, wages and other sources) must be less than the levels shown below. Medicare
