What does the Medicare Savings Program help cover?

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The Medicare Savings Program is designed to assist individuals with limited income in covering certain healthcare costs that are not fully paid for by Medicare. Specifically, this program helps cover some of the expenses associated with Medicare, which can include premiums for Medicare Part A and Part B, as well as out-of-pocket costs such as deductibles, copayments, and some prescription costs.

While it does provide substantial support in reducing the financial burden of healthcare expenses for eligible individuals, it does not provide coverage for all out-of-pocket medical expenses, nor is it solely focused on specific types of care like dental services or long-term care costs. The program aims to ensure that beneficiaries can afford necessary medical services and medications, making option B the most accurate representation of what the Medicare Savings Program covers.

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