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NY S03555
Bill
Status
1/28/2025
Primary Sponsor
Cordell Cleare
Click for details
AI Summary
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Renames the "Elderly Pharmaceutical Insurance Coverage" (EPIC) program to the "Expanded Pharmaceutical Insurance Coverage" program and gradually lowers the minimum age eligibility from 65 years old to 18 years old between 2025 and 2033
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Excludes Social Security and pension cost-of-living adjustments from income calculations when determining program eligibility
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Adds medical marijuana dispensed in New York to the list of covered drugs under the Medicare Part D excluded drug classes provision
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Creates an "Expanded Pharmaceutical Insurance Coverage Panel" within the executive department, co-chaired by the Director of the Office for the Aging and the Commissioner of Health, with a 12-member advisory committee to oversee program operations
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Requires the program to pay Medicare Part D premiums and any late enrollment penalties for participants below specified income thresholds ($23,000 unmarried/$29,000 married) and to post manufacturer rebate program information on its website
Legislative Description
Relates to improving and expanding the pharmaceutical insurance coverage program for certain medicare enrollees; creates the expanded pharmaceutical insurance coverage panel, to be responsible for expanding pharmaceutical insurance coverage.
Last Action
REFERRED TO AGING
1/7/2026