State Announces Expansion of Medicare Savings Program for Older Adults

BOSTON — The Executive Office of Health and Human Services announced new eligibility guidelines for the Medicare Savings Program (MSP) that allow for more Massachusetts residents to enroll in the program and save up to $3,000 per year.

MSP is administered by MassHealth and pays for some or all of Medicare beneficiaries’ premiums and other healthcare costs, including prescriptions. To qualify for MSP, Massachusetts residents must be on Medicare.

Historically, in addition to income limits that impact eligibility, there was an asset limit that meant owning a home or having savings could impact a Medicare member’s eligibility. As part of the Healey-Driscoll administration’s efforts to make healthcare more affordable and accessible in Massachusetts, MassHealth increased the income limit for this program to 225% of the federal poverty level in 2023 and has now removed the asset limit.

“Our administration is committed to making Massachusetts a more affordable state to grow older, and that requires making high-quality healthcare more accessible for all,” Gov. Maura Healey said. “Expanding eligibility for the Medicare Savings Program is just one step in helping our seniors save money so that they don’t have to decide between buying prescriptions or meeting other basic needs.”

Current MSP income limits are $2,824 per month for a single individual and $3,833 per month for a married couple. Residents can call the MassHealth Customer Service Center or visit mass.gov/medicaresavings to learn more and get an application.

“Everyone should be able to access affordable healthcare, especially those of us who have contributed to our state for many years and still call Massachusetts home,” Secretary of Health and Human Services Kate Walsh said. “Expanding the Medicare Savings Program is an important part of our efforts here in Massachusetts to help older adults continue to access the care they need at a cost they can afford.”