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NY S03179

Bill

Official Source

Status

Introduced

2/3/2015

Primary Sponsor

Toby Stavisky

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends Elder Law Section 247 to add a new subdivision limiting cost-sharing responsibilities for participants in the elderly pharmaceutical insurance coverage program

  • Caps total annual cost-sharing (registration fees and co-payments combined) at no more than 5 percent of an eligible participant's gross income

  • Limitation applies throughout the entire coverage period

  • Takes effect 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

1/6/2016

Committee Referrals

Aging2/3/2015

Full Bill Text

No bill text available