Medicare Savings Programs & Extra Help in New Mexico
2026 Medicare Savings Program limits in New Mexico
| Program | Pays for | Single / mo | Married / mo |
|---|---|---|---|
| QMB | Part B premium + deductibles & copays | $1,350 | $1,824 |
| SLMB | Part B premium | $1,616 | $2,184 |
| QI | Part B premium | $1,816 | $2,455 |
New Mexico has no asset test. Your savings don't count for the Medicare Savings Programs, only your income matters.
Extra Help in New Mexico
Extra Help (the Part D Low-Income Subsidy) lowers prescription costs to a $0 premium and $0 deductible, worth about $5,700 a year. 2026 income limits are about $23,940 (single) / $32,460 (married), with savings under $18,090 / $36,100. Joining any Savings Program above qualifies you for Extra Help automatically.
How to apply in New Mexico
Extra Help: free with Social Security at ssa.gov/extrahelp or 1-800-772-1213. Medicare Savings Programs: through New Mexico's Medicaid office.
Free local help: New Mexico ADRC (SHIP) offers free, unbiased Medicare counseling at 1-800-432-2080 (in-state), or call 1-800-MEDICARE from out of state.
Check your New Mexico eligibility, free
Frequently asked questions
What are the Medicare Savings Program income limits in New Mexico for 2026?
In New Mexico for 2026, QMB is about $1,350/mo (single), SLMB $1,616, and QI $1,816. New Mexico has no asset test, only income counts.
Does New Mexico have an asset test for Medicare Savings Programs?
No. New Mexico has eliminated the asset test, so only your income is counted.
Where can I get free help with Medicare in New Mexico?
New Mexico's SHIP (New Mexico ADRC (SHIP)) gives free, unbiased Medicare counseling at 1-800-432-2080 (in-state), or 1-800-MEDICARE from out of state. You can also apply for the Medicare Savings Programs through New Mexico's Medicaid office, and for Extra Help free through Social Security.
Sources: Medicare.gov, SSA POMS HI 00815.023, CMS (2026). Estimates, verify with SSA and New Mexico Medicaid. MediNav is not the government.