HOUSE DOCKET, NO. 3762        FILED ON: 1/20/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 619

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Nicholas A. Boldyga

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act establishing a prescription drug rebate program for seniors.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Nicholas A. Boldyga

3rd Hampden

1/19/2023


HOUSE DOCKET, NO. 3762        FILED ON: 1/20/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 619

By Representative Boldyga of Southwick, a petition (accompanied by bill, House, No. 619) of Nicholas A. Boldyga relative to establishing a prescription drug rebate program for seniors.  Elder Affairs.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

_______________

 

An Act establishing a prescription drug rebate program for seniors.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Notwithstanding any laws to the contrary, all residents of the Commonwealth over the age of 65 with an adjusted gross household income of $50,000 annually or less, are eligible for a prescription drug rebate.

SECTION 2. All prescription drugs, as defined in Section 1 of Chapter 94C of the General Laws, are eligible for the rebate program.

SECTION 3. Rebate shall be defined as a reimbursement for the total out of pocket expenses, including insurance co-pays, incurred by an eligible individual for prescription drugs. Rebates shall be disbursed to eligible individuals from the General Fund.

SECTION 4 .The Commissioner shall prescribe the process by which an eligible individual shall file for a rebate.

SECTION 5. Rebates shall not exceed $2,500 per individual annually

SECTION 6. The Commissioner shall report on the impact of this rebate program to the Committees of Ways & Means and the Joint Committee on Health Care Financing on an annual basis, commencing one year from the date the program goes into effect.

SECTION 7. This rebate program shall expire four years from the date of effect unless reauthorized by the legislature.