Massachusetts Medicare Insurance Plans
Medicare is a federally sponsored health insurance program available to those over the age of 65, as well as to individuals who have certain disabilities. At the state level, however, there exist specific organizations that help beneficiaries better understand the Medicare process, and Medicare recipients may even qualify to receive state subsidies, depending on their circumstances. Consider the following information if you are interested in obtaining Medicare coverage in the state of Massachusetts.
First, it is important to note that Original Medicare coverage, or Part A and Part B collectively, are not the only available options for recipients. If you are interested in further coverage outside of Original Medicare, consider purchasing a Medigap policy through one of the approved insurers in Massachusetts.
Medicare Savings Programs in Massachusetts
The state of Massachusetts recognizes that premiums and costs associated with Medicare may still be too high for some residents to afford. As such, the state government offers extra help to residents who qualify individually or as a family.
The following Medicare Savings Programs are available to eligible beneficiaries.
*The following data is from 2016 and is based on federal amounts. These amounts may increase in 2017. If your income and resources are slightly higher, you should still apply, you may qualify for benefits even if your income is higher than the limits listed.
- *Individuals who make less than $1,010 per month or couples who earn less than $1,355 a month may be eligible for the Qualified Medicare Beneficiary program, which assists with costs associated with Medicare Part A and Part B premiums, as well as others.
- *Those who earn less than $1,208 per month or couples who earn less than $1,622 a month are eligible for the Specified Low-Income Medicare Beneficiary program, which provides help for Medicare Part B premium costs.
- *Individuals who make less than $1,357 a month and couples who make less than $1,823 monthly may qualify for the Qualifying Individual program, which helps with Medicare Part B premiums.
- *Finally, certain individuals or couples who monthly earn less than $4,045 or $5,425, respectively, may qualify for the Qualifying Disabled and Working Individuals program, although additional restrictions apply. This covers costs for Medicare Part A premiums.
*Data from Medicare.gov
According to ssa.gov, you should be aware that several States may even disregard all resources for individuals or couples in certain categories.
Under Massachusetts law, employers must provide a continuation of insurance coverage after the termination of the employee. This coverage lasts for 18 months.
Other Help From the State
Finally, Medicare beneficiaries in Massachusetts may also be able to obtain information and assistance from Serving the Health Insurance Needs of Everyone (SHINE), a state health insurance assistance program available in the state. SHINE counselors are committed to assisting Medicare beneficiaries and their caregivers in understanding and navigating the insurance process.
If you have further questions, do not hesitate to contact the licensed sales agents at Medicare Solutions. We are dedicated to helping you acquire the Massachusetts Medicare insurance coverage you need for the rest of your life.