Medicare Savings Programs (MSPs) are designed to provide financial assistance to Medicare beneficiaries whose income and assets may be too high to allow them to qualify for full Medicaid coverage.
(3) Policymakers recognized these anomalies and chose to coordinate the Medicare Savings Programs with the LIS offered through Medicare Part D in the "Medicare Improvements for Patients and Providers Act of 2008" (HR 6331).
Chapter 5: Increasing Participation in the Medicare Savings Programs and the Low-Income Drug Subsidy.
In response to a statutory requirement, SSA is carrying out an annual outreach effort to help increase enrollment in Medicare savings programs. This outreach effort consists of mailing letters to potentially eligible lowincome beneficiaries nationwide as well as sharing data with states to assist with their supplemental outreach efforts.