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NY S01298

Bill

Official Source

Status

Introduced

1/9/2013

Primary Sponsor

Toby Stavisky

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Amends Elder Law Section 247 by adding a new subdivision 5 establishing a cost-sharing cap for the elderly pharmaceutical insurance coverage program
  • Limits combined annual registration fees and co-payments to no more than 5 percent of an eligible participant's gross income during any coverage period
  • Cap applies at all times during the coverage period
  • Becomes effective 120 days after the bill becomes law

Legislative Description

Limits cost-sharing responsibilities of participants in the elderly pharmaceutical insurance coverage program for both comprehensive and catastrophic coverages to no more than five percent of the eligible participant's gross income.

Last Action

REFERRED TO AGING

1/8/2014

Committee Referrals

Aging1/9/2013

Full Bill Text

No bill text available