New enrollees who sign up for Medicare in 2016 will pay at least $121.80 a month for Medicare Part B, $411 a month for Medicare Part A.  If they are not eligible for free Part A coverage they will have to pay deductibles, coinsurance and copays when applicable (source). These costs can add up and can be hard for seniors on a fixed income to pay. Here are four Medicare Savings Programs that can help seniors pay for Medicare and related costs. Qualified Medicare Beneficiary (QMB) Program: To qualify as an individual for this program you must make no more than $1,010 a month or if married $1,355 a month. In addition your individual resource limit is $7,280 or if your married $10,930. QMB will help pay for Part A Medicare premiums, Part B Medicare premiums, deductible, coinsurance and copayments. Specified Low-Income Medicare Beneficiary (SLMB) Program: To qualify as an individual you must make no more than $1,208 a month or if married $1,622 a month. In addition your individual resource limit is $7,280 or if your married $10,930. SLMB will only help you pay for Part B Medicare premiums.Qualifying Individual (QI) Program: You must apply for the QI Programs every year are granted on a first come first served basis and you cannot get QI benefits if you qualify for Medicaid. To qualify as an individual you must make no more than $1,357 a month or if married $1,823 a month. In addition your individual resource limit is $7,280 or if your married $10,930. The QI program will only help you pay for Part B premiums. Qualified Disabled and Working Individuals (QDWI) Program: To qualify as an individual you must make no more than $4,045 a month or if married $5,425 a month. In addition the individual resource limit is $4,000 or if married it is $6,000. The QDWI Program will only help you pay for Part A premiums.Countable resources include money in a checking or saving account, stocks or bonds. It does not include your house, car furniture or other household or personal items (source).This post is provided by Sprain Brook Manor Rehab which Provides unique opportunity to recover from medical procedures that result in true satisfying results. Getting you stronger and better every day. Contact Us today to receive more information. Disclaimer: The information provided in this post in not intended to be construed as health advice, nor should it be considered a substitute for obtaining individual medical counsel or consulting your physician.