Medicare Buy-In
Colorado Medicaid pays the Medicare Part B (Supplemental Medical Insurance) premiums for ALL clients who are on ANY MEDICAID OR ANY MEDICARE SAVINGS PROGRAM (MSP).
Most people get Medicare Part A (Hospital Insurance) for free; CO only pays the Part A premiums for individuals who need it if they meet the criteria for the Qualified Medicare Beneficiary (QMB) program. There are approximately 70,000 clients on Part B buy-in and approximately 270 clients on Part A buy-in. Medicare Part A & B Cost Avoidance saves Medicaid over $300 million per year.
For more information:
Or contact: Sharon Brydon Ph: 303-866-5402 Sharon.Brydon@state.co.us
or via Fax: 303-866-3552