There are three Medicare Savings Programs, each with different income, but similar asset limits (generally $4,000 if single and $6,000 if married): * Qualified Medicare Beneficiary (QMB): Pays for Medicare premiums, deductibles and coinsurance.
What does QMB stand for?
QMB stands for Qualified Medicare Beneficiary
This definition appears very rarely and is found in the following Acronym Finder categories:
- Science, medicine, engineering, etc.
- Organizations, NGOs, schools, universities, etc.
See other definitions of QMB
We have 19 other meanings of QMB in our Acronym Attic
- Quantitative Migration-Activity Relationship
- Quality Management and Analysis System (UK)
- Quality Manufacturing Assurance Systems (automotive industry)
- Quality Measurement Advisory Service
- Quality Migrant Admission Scheme (Hong Kong immigration system)
- Quantum Nagic Angle Spinning
- Quasi Morphine-Abstinence Syndrome
- Quotation Management Admission Test (Italy; broker certification)
- Quake Made Better (gaming, Quake 1 modified engine)
- Quaker Marching Band
- Qualitäts-Management-Beauftragter (German: Quality Management Representative)
- Quality Management Board
- Quantitative Methods of Business (academic course)
- Quartz Microbalance
- Queen and Member Board (Red Hat Society)
- Queen Mother Board (Red Hat Society)
- Quickchange Moveable Barrier (Barrier Systems Inc.)
- Quality Management Benchmark Assessment (book; performance standards)
- Queensland Master Builders Association (Australia)
- Queensland Museum, Brisbane, Australia
Samples in periodicals archive:
To examine implementation of the Qualified Medicare Beneficiary (QMB) and Specified Low-Income Medicare Beneficiary (SLMB) programs, enacted in 1988.
introduced in late May the Qualified Medicare Beneficiary Relief Act of 1999, which would require the Department of Health and Human Services to automatically enroll eligible Medicare recipients in the subsidy program.
The Qualified Medicare Beneficiary and Service Limited Medicare Beneficiary (QMB/SLMB) program permits HealthPartners to offer a premium subsidy program for enrollees in Medicare Savings Programs.
These beneficiaries may have qualified for Medicaid under the federally legislated qualified Medicare beneficiary program or specified low-income Medicare beneficiary program passed in the 1990s.
The Qualified Medicare Beneficiary (QMB) program offers full premium and Medicare cost-sharing subsidies for Medicare beneficiaries with incomes below the federal poverty level, yet only 63 percent of eligible persons participate (Moon, Kuntz, and Pounder 1996).
However, not everyone needs this type of policy, especially if they: are eligible for Medicaid or the Qualified Medicare Beneficiary program, have group health insurance through an employer, the government or the military, or already enrolled in a Medicare Advantage plan.
For instance, in this issue of the Health Care Financing Review, Parente and Evans describe significant differences in Medicare cost and utilization between those enrolled in the Qualified Medicare Beneficiary (QMB) program and those eligible but not enrolled in the program.