Final answer:
The Qualified Medicare Beneficiary (QMB) Program assists individuals with assets above Medicaid qualification levels by covering Medicare costs.
Explanation:
Qualified Medicare Beneficiary (QMB) Program is a program that provides assistance to individuals whose assets are above the Medicaid qualification level but still need support. This program requires states to pay Medicare Part A and B premiums, deductibles, and coinsurance amounts for eligible individuals.
For example, if someone's income is above the Medicaid threshold but still falls within the QMB guidelines, they can receive help with their Medicare costs through this program. It ensures that individuals who are not considered low-income by Medicaid standards but still require assistance can access necessary healthcare services.
Learn more about Medicare and Medicaid Programs here:
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