Senate Bill S1539

2009-2010 Legislative Session

Limits cost-sharing responsibilities of participants in the elderly pharmaceutical insurance coverage program

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-S1539 (ACTIVE) - Details

See Assembly Version of this Bill:
A6066
Current Committee:
Senate Finance
Law Section:
Elder Law
Laws Affected:
Amd §§247 & 248, Eld L
Versions Introduced in Other Legislative Sessions:
2011-2012: S1221, A2121
2013-2014: S1298
2015-2016: S3179

2009-S1539 (ACTIVE) - Summary

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.

2009-S1539 (ACTIVE) - Sponsor Memo

2009-S1539 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1539

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            February 2, 2009
                               ___________

Introduced  by Sens. STAVISKY, ADAMS, DIAZ, KRUEGER, ONORATO, SAMPSON --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Aging

AN  ACT to amend the elder law, in relation to limiting the cost-sharing
  responsibilities of eligible participants in  the  elderly  pharmaceu-
  tical insurance coverage program

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 247 of the elder law is amended  by  adding  a  new
subdivision 5 to read as follows:
  5.  COST-SHARING  RESPONSIBILITIES LIMIT. AT NO TIME DURING A COVERAGE
PERIOD SHALL THE COST-SHARING RESPONSIBILITIES, WHICH ARE  COMPRISED  OF
THE  SUM  OF  THE  ANNUAL  REGISTRATION FEE AND CO-PAYMENTS, EXCEED FIVE
PERCENT OF THE ELIGIBLE PROGRAM PARTICIPANT'S  GROSS  INCOME,  EFFECTIVE
IMMEDIATELY.
  S  2. Section 248 of the elder law is amended by adding a new subdivi-
sion 5 to read as follows:
  5. COST-SHARING RESPONSIBILITIES LIMIT. AT NO TIME DURING  A  COVERAGE
PERIOD  SHALL  THE COST-SHARING RESPONSIBILITIES, WHICH ARE COMPRISED OF
THE SUM OF THE ANNUAL DEDUCTIBLE AND CO-PAYMENTS, EXCEED FIVE PERCENT OF
THE ELIGIBLE PROGRAM PARTICIPANT'S GROSS INCOME, EFFECTIVE IMMEDIATELY.
  S 3. This act shall take effect on the one hundred twentieth day  next
succeeding the date on which it shall have become a law.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04892-01-9

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