New York State Assembly

Bill No.:  

 
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S03912 Summary:

BILL NO	S03912
SAME AS	No Same As
SPONSOR	STAVISKY
COSPNSR
MLTSPNSR
Amd §247, Eld L
Limits the cost-sharing responsibilities of eligible participants in the elderly pharmaceutical insurance coverage program.

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S03912 Actions:

BILL NO	S03912
02/21/2019	REFERRED TO AGING
01/08/2020	REFERRED TO AGING

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S03912 Committee Votes:

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S03912 Floor Votes:

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S03912 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3912
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                    February 21, 2019
                                       ___________
 
        Introduced  by Sen. STAVISKY -- 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:
 
     1    Section  1.  Section  247  of the elder law is amended by adding a new
     2  subdivision 5 to read as follows:
     3    5. Cost-sharing responsibilities limit. At no time during  a  coverage
     4  period  shall  the cost-sharing responsibilities, which are comprised of
     5  the sum of the annual registration  fee  and  co-payments,  exceed  five
     6  percent  of  the  eligible program participant's gross income, effective
     7  immediately.
     8    § 2.  This act shall take effect on the one hundred twentieth day next
     9  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.
                                                                   LBD10057-01-9

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