Medicare Savings Program

Medicare Savings Programs (MSP) help people with limited income and resources pay for some or all of their Medicare premiums and may also pay their Medicare deductibles and co-insurance. In some cases, Medicare Savings Programs may also pay Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) deductibles and co-insurance. Medicare Savings Programs are a group of programs Colorado residents can apply for if they have Medicare. Medicare Buy-In is one of the benefits of the Medicare Savings Programs.

Visit Medicare Savings Programs (MSP) page on the Colorado Department of Health Care Policy and Financing website for more information on eligibility, benefits and services, and how to apply.

Things To Note

• We will pay the Medicare Part B premiums for members on regular Health First Colorado (Colorado's Medicaid program), or those on the Medicare Savings Program. We will not pay the Part B premiums for any member on a Non-Medicaid Medical Assistance program including OAP-State Only or Child Health Plan Plus (CHP+).
• Nearly all Medicare recipients get Part A for free. If you do not get Part A for free, we will pay your Part A premiums if you are in the Qualified Medicare Beneficiary (QMB) tier of the Medicare Savings Program.
• If you get Part A free, we can still pay the Part B premiums even if you have refused or terminated Part B.
• For most members, Part B Buy-In will begin the first month the member is eligible.
• For members who are on Long-Term Care Health First Colorado and have income over the Specified Low-Income Medicare Beneficiary (SLMB) limit, Part B Buy-In will begin the third month the member is eligible. For these members we will not pay the first two months' Part B premiums.
• Part B Buy-In should kick in within a month after the county eligibility worker has approved the member's application. If it takes longer than a month, something is wrong and you should contact the county or the State Buy-In Officer.