New Hampshire 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 New Hampshire.
Medicare Supplement Insurance (Medigap) Policies
New Hampshire does require Medigap insurance companies to sell you a Medigap policy, even if you’re under 65. Read more about Medigap specific to New Hampshire at CMS.gov.
Mini-COBRA Policies (Small Group)
If you work for an employer that has under 20 employees, New Hampshire has a state continuation program, similar to COBRA. These employees may be eligible for up to 18 months, dependents can qualify for 36 months. Read more about COBRA insurance here.
New Hampshire Medicare Savings Program
New Hampshire offers four Medicare Savings Programs that individuals who qualify may apply for through the New Hampshire Department of Health and Human Services Division of Family Assistance.
*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.*
- *Qualified Medicare Beneficiaries (QMBs): For individuals with a monthly income under $1,010 or couples with a monthly income under $1,355 who are receiving Medicare Part A, the state pays all premiums, deductibles, copayments, and coinsurance for Medicare Parts A and B.
- *Specified Low-Income Medicare Beneficiaries (SLMBs): For individuals with a monthly income under $1,208 or couples with monthly income under $1,622 who are receiving Medicare Parts A and B, the state pays the Medicare Part B premium.
- *Qualified Individuals (QIs):For individuals with a monthly income under $1,357 or couples with monthly income under $1,823 who are receiving Medicare Parts A and B, the state pays the Medicare Part B premium.
- *Qualified Disabled and Working Individuals (QDWIs): For individuals with a monthly income under $4,045 and couples with monthly income under $5,425 per month who lost disability benefits due to earnings and are eligible to enroll in Medicare Part A, the state pays the Medicare Part A premium for up to 48 months.
*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.
New Hampshire State Health Insurance Assistance Program
New Hampshire provides a Medicare Learning Center inside each ServiceLink Resource Center, located in every county in the state. Medicare Learning Centers provide information to Medicare beneficiaries and their caregivers to help them better understand their health care coverage options. Their certified specialists and volunteers provide free counseling and application assistance.
(ExtraHelp) for Prescription Drugs
In 2016, you may qualify if you have up to $17,820 in yearly income ($24,030 for a married couple).
If you live in New Hampshire and have questions about the benefits listed above or how to choose the health care coverage that is right for you, consult with one of our Medicare licensed sales agents for customized help. Our knowledgeable licensed sales agents can help you and compare New Hampshire Medicare Insurance Plans to help you find the benefits that meet your needs.