Allies in Aging Blog

The Medicare Savings Program (MSP) is a group of state-administered programs that help individuals with limited income and resources pay for certain Medicare costs. These programs are designed to make Medicare more affordable and to ensure that eligible beneficiaries can access needed healthcare services. How does it work? MSPs work by paying some or all of a beneficiary’s Medicare-related expenses, depending on the program for which they qualify. To see if you qualify for MS

A Montana Medical Care Savings Account (MSA) allows Montanans to save money for medical expenses and long-term health care, and reduce their state income taxes at the same time. Any Montana resident taxpayer can designate any Montana bank or credit union account as a Medical Care Savings Account. An MSA account must be separate from other accounts, and only the account holder has access to the funds. In 2026, each taxpayer can place up to $4800 in the account annually. This a