This bill aims to enhance the Medicare Savings Programs (MSP) by expanding eligibility criteria for low-income seniors and individuals with disabilities. Specifically, it proposes to increase the income limit for the qualified Medicare beneficiary program from 100% to 138% of the federal poverty line. Additionally, it establishes a new income limit for the qualified individual program, ranging from 138% to 186% of the federal poverty line. Importantly, there will be no asset limit applied to eligibility for these programs.

To implement these changes, the bill introduces a new chapter in the General Laws titled "Medicare Savings Programs," which outlines the purpose, definitions, payment structures, and application processes associated with the MSP. The Secretary of the Executive Office of Health and Human Services is tasked with ensuring that individuals' data from the Low-Income Subsidy (LIS) program is utilized to facilitate their enrollment in the MSP. The Secretary will also maintain a simplified application form for individuals whose applications are not initiated through LIS information and will publicize the availability of these programs. Furthermore, the Secretary is responsible for submitting any necessary amendments to the Medicaid state plan or the 1115 waiver to implement the provisions of this act. The act will take effect upon passage.