Medicare-Aid For Help With Medicare Costs Individuals who have Medicare coverage may be eligible to have their Medicare premiums paid by Medicaid if their income is between 100% and 135% of the poverty level. There is a limit on resources.
Table: Medicare-Aid Benefit If income is no more than: Your Medicare-Aid Benefit is payment of: Individual Couple $990 $1,335 Part B premiums Part A premiums (when applicable) Medicare hospital deductible Medicare annual deductible 20% Medicare co-payment $1,188 $1,602 Part B premiums $1,337 $1,803 Part B premiums Funds for this program may be limited
Income includes: Social Security Veterans Benefits Pensions and other retirement benefits and Wages (some income can be disregarded). Resources Include: cash bank accounts second car retirement accounts stocks and bonds and real estate that is not your home. Your resources must be no more than $7,280 for an individual, or $10,930 for a couple. Resources DO NOT INCLUDE your home, car, household furnishings, clothing or other personal effects such as jewelry. NOTICE: Medicare-Aid only pays for services covered by Medicare. Therefore, it DOES NOT pay for prescriptions or eyeglasses.