HECM Resources
Medicare Savings

Medicare Savings
 
Some states have programs to help low-income persons aged 65-plus pay their Medicare premiums. Generally, monthly income must be less than $1239 ($1660 for couples) and assets less than $4000 ($6000 for couples), though requirements can vary from state to state, and there are different levels of the program corresponding to different income requirements.  A brochure on the program is available at http://www.medicare.gov/Publications/Pubs/pdf/10126.pdf.
 
A webpage at http://www.medicare.gov/contacts/staticpages/msps.aspx lists the states that have programs and provides links to those that do. 

Extra help is also available to pay Medicare Part D Prescription Drug costs and copayments. For more info and application go to http://www.ssa.gov/prescriptionhelp/.