Assemblyman Michael Simanowitz (D-Flushing) is pleased to announce that the Assembly has restored $30 million to the Elderly Pharmaceutical Insurance Coverage (EPIC) program as part of the FY 2012-2013 budget passed last week.
EPIC is a free New York State program that helps 300,000 income-eligible seniors aged 65 and older to supplement their out-of-pocket Medicare Part D drug plan costs. It is a vital program that helps seniors receive the medications they need at a reasonable cost.
The legislation restores co-payment assistance to the program’s enrollees which include 27,000 living in Queens. Currently, seniors enrolled in the EPIC program are expected to pay 25 percent of the cost of a prescription medication for each trip to the pharmacy. Due to our efforts, the EPIC program would return to allowing enrollees to pay no more than a $20 co-payment for each prescription drug, making the cost of medication far more affordable.
“Our seniors should not have to bare the brunt of rising prescription costs during this difficult economic period,” said Assemblyman Simanowitz. “I am proud to support this provision in our budget and will continue to fight for better access to quality health care for our seniors.”