Medicare Savings Program FAQs
- FAQs also available in Portable Document Format (PDF)
- What is the Medicare Savings Program (MSP)?
- The Medicare Savings Program (MSP) is Medicaid-administered program that can assist people with limited income in paying their Medicare Premiums.
- Can you have EPIC and MSP together?
- Yes, you can be enrolled in both programs.
- When you enroll in an MSP, you will automatically get "Extra Help".
- What does "Extra Help" mean?
- When you enroll in MSP, you will automatically qualify for "Extra Help". Extra Help can lower your monthly premiums, deductibles and copayments for prescription drugs.
- What is the eligibility for the Medicare Savings Program (MSP)?
- There are two benefit levels. Each has a different income eligibility limit to qualify for MSP.
- Qualifying Individual (QI) - The 2025 monthly income levels for QI are $2,446 for single, and $3,299 for couples, with no asset limit.
- Qualified Medicare Beneficiary (QMB) - The 2025 monthly income for QMB is $1,820 for single, and $2,453 for couples, with no asset limit.
- How can I apply for MSP?
- EPIC members that are income eligible will receive an MSP letter or you can contact the New York State of Health at 1-855-355-5777 for more information or visit www.nystateofhealth.ny.gov/individual .
- Do I have to complete and submit the Medicare Savings Program (MSP) application if I receive a letter from EPIC?
- Yes, you are required to complete the MSP enrollment to maintain your EPIC coverage. To apply for the Medicare Savings Program (MSP) please visit www.nystateofhealth.ny.gov/individual. You will need to "Register Account" if you do not already have one.
- If I do not apply for the Medicare Savings Program (MSP), will my EPIC coverage be cancelled?
- Yes, if you do not apply for the MSP within the allowed deadline, your EPIC coverage will be cancelled.
- Do I need to re-enroll into the EPIC program if my enrollment is cancelled?
- Yes, you - will need to apply for the MSP before applying for EPIC. When submitting your EPIC application to reinstate your coverage, include proof that you applied for MSP.
- How long do I have to apply for the Medicare Savings Program (MSP)?
- You have 30 days to apply for the MSP. If EPIC determines that you have not applied within 30 days, EPIC will send you a reminder letter to complete the enrollment within 45 days. If you do not apply for the MSP within 75 days, your EPIC coverage will be cancelled.
- Do I need to fully complete the Medicare Savings Program (MSP) enrollment?
- Your enrollment will only be considered complete if all sections are filled out.
- If applied for MSP and am not eligible, will that impact my EPIC?
- If you are not eligible for MSP, there will be no impact to your EPIC coverage.