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ROBERT L. EHRLICH, JR., Governor Ch. 281
(1) FOR THE MEDICARE PART D PRESCRIPTION DRUG PLAN OR
MEDICARE ADVANTAGE PLAN DRUG-RELATED PREMIUM:
(I) FOR INDIVIDUALS WHO DO NOT QUALIFY FOR A FEDERAL
LOW-INCOME SUBSIDY, AT LEAST $25 PER ENROLLEE PER MONTH; AND
(II) FOR INDIVIDUALS WHO QUALIFY FOR A PARTIAL FEDERAL
LOW-INCOME SUBSIDY, THE LESSER OF:
1. THE AMOUNT PROVIDED UNDER ITEM (I) OF THIS ITEM;
OR
2. THE FULL AMOUNT OF THE ENROLLEE SHARE OF THE
PREMIUM; AND
(2) FOR THE MEDICARE PART D PRESCRIPTION DRUG PLAN OR
MEDICARE ADVANTAGE PLAN DRUG-RELATED DEDUCTIBLE, THE TOTAL AMOUNT OF
THE DEDUCTIBLE, LESS THE COPAYMENT OR COINSURANCE AMOUNT SPECIFIED IN
SUBSECTION (C) OF THIS SECTION.
(c) [Subject to approval by the Board, the carrier that administers the
Program shall develop a prescription drug formulary to be used in the Program] AN
ENROLLEE SHALL PAY A COPAYMENT OR COINSURANCE AMOUNT, INSTEAD OF A
DEDUCTIBLE, EQUAL TO THE INITIAL COPAYMENT OR COINSURANCE AMOUNT FOR
WHICH THE ENROLLEE RESPONSIBLE UNDER THE ENROLLEE'S MEDICARE PART D
PRESCRIPTION DRUG PLAN OR MEDICARE ADVANTAGE PLAN AFTER THE
DEDUCTIBLE IS SATISFIED.
(D) THE PROGRAM SHALL ESTABLISH AN ANNUAL SUBSIDY LIMIT FOR AN
ENROLLEE.
14-513.
(a) As determined by the Board, premiums collected for the Program shall be
deposited:
(1) to a segregated account in the Fund established under § 14-504 of
this subtitle; or
(2) to a separate account for the Program established by the [carrier
that administers the] Program ADMINISTRATOR.
(b) In addition to premium income, the segregated account shall include:
(1) interest and investment income attributable to Program funds; and
(2) money deposited to the account by [the carrier that administers the
Program] A NONPROFIT HEALTH SERVICE PLAN, in accordance with subsection (c) of
this section.
(c) (1) On or before April 1, 2003 and quarterly thereafter, the [Program
Administrator] NONPROFIT HEALTH SERVICE PLAN REQUIRED TO SUBSIDIZE THE
PROGRAM UNDER § 14-106(D) OF THIS TITLE shall deposit to the Fund under § 14-504
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