: If you missed your Initial Enrollment Period and would normally face a late enrollment penalty, qualifying for a buy-in program often eliminates this penalty.
: The state pays your monthly Part B premium ($202.90 in 2026 for most people), freeing up that money for your other needs.
: You can often enroll in Medicare Part B at any time of year through a buy-in program, without waiting for the standard General Enrollment Period. medicare part b buy in
: Covers Part B premiums, deductibles, coinsurance, and copayments.
: Pays for the Part B premium only.
: Also pays for the Part B premium but has slightly higher income limits than SLMB. How to Apply Medicare Buy-In
: Enrolling in a state buy-in program (via a Medicare Savings Program) automatically qualifies you for the federal Extra Help program , which assists with Part D prescription drug costs. Eligibility Groups : If you missed your Initial Enrollment Period
To qualify for a Part B buy-in, you must typically be eligible for one of the three main Medicare Savings Programs (MSPs):