Amendment #635 to H3400

Cap on GIC Out of Pocket Expenses

Representatives Decker of Cambridge and Provost of Somerville move to amend the bill by inserting at the end thereof the following section:-

Section _________: Section 6 of chapter 32A of the General Laws is hereby amended by inserting at the end thereof the following new paragraph: -

For active and retired employees, their dependents and the survivors of deceased employees, including municipal subscribers, the maximum amount of deductibles and copayments for covered services during an enrollment year in a plan shall not exceed $2,500 for individual coverage and $5,000 for family coverage. The commonwealth shall deposit any and all federal subsidies that it receives from the retiree drug subsidy program under the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (P.L. 108-173), into an account to be administered by the commission. The commission may expend amounts in the account to pay the costs of a subscriber’s deductibles and copayments for covered services that exceed $2,500 for individual coverage and $5,000 for family coverage but are less than $5,000 and $10,000 respectively.

Additional co-sponsor(s) added to Amendment #635 to H3400

Cap on GIC Out of Pocket Expenses