Healthcare & Medicare

Important Final Rule Streamlines Enrollment Into Medicare Savings Programs

Halo |

2 years ago

Last updated: 17/10/2023 at 02:45 AM


This week, the Centers for Medicare & Medicaid Services (CMS) finalized a long-awaited rule that will make it easier for people with Medicare to be and stay enrolled in a Medicare Savings Program (MSP). CMS estimates that this rule will result in 860,000 more individuals participating in MSPs. MSPs are a set of financial assistance programs that help pay Medicare costs for people with few resources, helping enrollees afford their health coverage and other basic needs. Despite their value, an estimated 40% of those who are eligible—2.5 million people—are not enrolled. This may be due to

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