“Medicare Quick Bites” is your weekly treat of Medicare information. Hawaii SHIP has created these bite-sized lessons to help you understand this complex federal health insurance, thus “Making Medicare Digestible!” Follow us on Facebook or Twitter to get your weekly delivery of Medicare Quick Bites! This week’s treat is Medicare Savings Program or “MSP” for short.
People with limited income and assets may receive help from their state to pay Medicare costs if they meet certain conditions. MSPs also eliminate late enrollment penalties for as long as one is eligible. Here are the 4 Medicare Savings Programs: