Medicare Savings Program Improvement Act of 2009

[AI summary unavailable — showing source text] Medicare Savings Program Improvement Act of 2009 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to increase the income eligibility level to 150% of the federal poverty level (FPL) for benefits under the Medicare Savings Program (MSP) for qualified Medicare beneficiaries. Expands the Specified Low-Income Medicare Beneficiary (SLMB) Program to provide for the eligibility of individuals with incomes below 200% of FPL. Establishes an asset standard for qualified Medicare beneficiary (QMB) eligibility for 2011 of $27,500 (or $55,000 in the case of the combined value of the individual's assets or resources and the assets or resources of the individual's spouse) with subsequent years standard increased by the annual percentage increase in the consumer price index. Exempts pension benefits and life insurance policies from resources under the MSP programs. Prohibits any medical assistance for some or all Medicare cost-sharing under the MSP programs from being considered income or resources in determining eligibility for, or the amount of assistance or benefits provided under, any other federal, state, or local public benefit program. Authorizes treatment of QMBs, SLMBs, an…