3How Does the SLMB Program Work?
The SLMB is not a federal, but a state program. The main purpose is to help Medicare participants cover premiums for Medicare part B if they can meet some conditions. First, you need to enroll in Medicare Part A. Another requirement is to have limited resources and income, which can vary from state to state and for married couple or individuals. Limited resources may include stocks, money in checking or savings accounts, bonds, car, home, burial plot, furniture, life insurance, and other household objects. If you qualify, then you do not have to pay the premiums for Medicare Part B. [3]
