Yes, and in Tennessee a good number of people who are eligible never claim it. There are two main forms of help and they do different jobs.

Medicare Savings Programs — help with the Part B premium

These can pay your Medicare Part B premium, which is $202.90 a month in 2026 — over $2,400 across a year. In Tennessee, as in North Carolina and South Carolina, the 2026 monthly income limits for one person are:

  • QMB — $1,330 a month
  • SLMB — $1,596 a month
  • QI — $1,796 a month
  • Resources — up to $9,950

QMB is the broadest: alongside the premium it can cover deductibles and coinsurance too.

Extra Help — lower prescription costs

Extra Help, also called the Low Income Subsidy, reduces what you pay for Part D prescription drug coverage. For one person in 2026 the limits are $23,940 in income and $18,090 in resources.

It stacks on a protection every Part D enrollee already has: in 2026 out-of-pocket drug costs are capped at $2,100 a year, rising to $2,400 in 2027. Past the cap you pay nothing more for covered drugs that year.

Check even if you think your income is too high

These tests do not count everything you own or earn. Your home and usually your car are excluded from resources, and some income is disregarded. People who assume they are over the line often are not. The figures above are screening numbers — where you actually land is determined by your real figures, not by a web page.

The Tennessee context

If you have Medicare and TennCare together, Tennessee has six Dual Eligible Special Needs Plans, all fully integrated with TennCare — the most of the three states we serve. That integration changes how the two sets of benefits are administered. See what dual eligible means in Tennessee for how that works.

What we can and cannot do

The Jordan Insurance Agency does not administer TennCare or these assistance programmes and cannot enrol you in them. We can point you to where applications are made, explain how the help interacts with your Medicare options, and make sure a plan is not chosen before that is settled.

If you are weighing plans at the same time, Medicare plans in Tennessee sets out the four structures, and how Medicare Supplements work here covers the option people weigh next.