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Session Laws, 2006
Volume 750, Page 3004   View pdf image
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S.B. 283                                                  VETOES 14-106. (e) The subsidy required under the Senior Prescription Drug Assistance
Program may not exceed: (1) For the period of January 1, 2006, through June 30, 2006, $8,000,000; (2)     For fiscal year 2007, $14,000,000; [and] (3)     FOR FISCAL YEAR 2008, $14,000,000; AND (4)     For any year, the value of the nonprofit health service plan's
premium tax exemption under § 6-101(b) of this article. 14-511. (a)     There is a Senior Prescription Drug Assistance Program. (b)     The purpose of the Program is to provide Medicare Part D beneficiaries,
who meet Program eligibility requirements, with a State [subsidy for a portion of
their: (1)     Medicare Part D prescription drug plan premium and deductible; or (2)     Medicare Advantage Plan premium and deductible related to a
prescription drug benefit] SUBSIDY. (c)      The Board shall contract with a third party to administer the Program. (d)     The Administrator of the Program shall: (1)     submit a detailed financial accounting of the Program to the Board as
often as the Board requires; (2)     collect and submit to the Board data regarding the utilization
patterns and costs for Program enrollees; and (3)     develop and implement a marketing plan targeted at eligible
individuals throughout the State. 14-512. (a) The Program shall: (1)     [subject to the moneys available in the segregated account under §
14-504 of this subtitle, provide benefits to the maximum number of individuals
eligible for enrollment in the Program; and] PROVIDE A PRESCRIPTION DRUG
BENEFIT SUBSIDY, AS DETERMINED BY THE BOARD, THAT MAY PAY ALL OR SOME OF
THE DEDUCTIBLES, COINSURANCE PAYMENTS, PREMIUMS, AND COPAYMENTS
UNDER THE FEDERAL MEDICARE PART D PHARMACEUTICAL ASSISTANCE PROGRAM
FOR ENROLLEES OF THE PROGRAM; AND (2)     [provide a State subsidy for a portion of the cost of Medicare Part D
and Medicare Advantage Plan drug-related premiums and deductibles] PROVIDE
THE SUBSIDY TO THE MAXIMUM NUMBER OF INDIVIDUALS ELIGIBLE FOR - 3004 -


 
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Session Laws, 2006
Volume 750, Page 3004   View pdf image
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