Oaks Says EPIC Prescription Plan Offers Savings To Senior Citizens
March 23, 2005
Assemblyman Robert Oaks (R,C-Macedon) today said eligible senior citizens who enroll in the state’s Elderly Pharmaceutical Insurance Coverage (EPIC) Program can save an average of 75 percent of their prescription costs. According to Oaks, EPIC was created by the state Legislature to help New York’s senior population cope with the escalating costs of prescription drugs. Eligibility is extended to state residents who are 65 years of age or older with an annual income under $35,000 if single, or under $50,000 if married. "I would urge all those eligible to enroll in the EPIC Program," Oaks said. Oaks noted seniors who are single and have an annual income no greater than $20,000 or are married with a joint income no greater than $26,000 would enroll in EPIC’s fee plan. Recipients pay an annual fee of between $8 and $300, depending on income and marital status, and save approximately 75 percent on prescriptions at participating pharmacies. Seniors who are single and have an annual income between $20,000 and $35,000, or married with a joint income between $26,000 and $50,000, would enroll in the deductible plan. Rather than pay a fee, recipients must meet an annual deductible of between $530 and $1,715, depending on income and marital status. Once the deductible is reached, seniors would save approximately 75 percent on their prescription costs. EPIC eligibility guidelines and application forms are available by calling the toll-free program number at (800) 332-3742 between 8:30 a.m. and 5 p.m. daily.