What level of funding are Qualified Medicare beneficiaries and specified low-income Medicare beneficiaries classified under?

Qualified Medicare beneficiaries (QMB) and specified low-income Medicare beneficiaries (SLMB) are classified under federal funding. This designation is important because both categories of beneficiaries receive assistance with their Medicare costs, which is funded through federal programs established under Title XIX of the Social Security Act.

The QMB program helps low-income individuals by covering premiums, deductibles, and coinsurance for Medicare services, ensuring that those who may struggle financially are able to access necessary medical care without significant out-of-pocket expenses.

Similarly, the SLMB program specifically assists individuals who do not qualify for full Medicaid but need help with paying their Medicare Part B premiums. Since these programs are established by federal law and funded by the federal government, they are distinctly classified under federal funding, making healthcare more accessible to those in need.

Other classifications like local, state, or private funding do not apply in this context since they typically pertain to different types of assistance or healthcare programs not governed by federal Medicare regulations.