Amendment #466 to H4700

Prescription Drug Rebate Program for Low Income Seniors

Mr. Boldyga of Southwick moves to amend the bill by adding the following section:

"SECTION XXXX. Notwithstanding any general or special law to the contrary, all residents of the Commonwealth aged 67 or older, and at or below 300 per cent of the federal poverty guidelines, are eligible for a prescription drug rebate. All prescription drugs, as defined in Section 1 of Chapter 94C of the General Laws, are eligible for the rebate program. 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. The Commissioner shall prescribe the process by which an eligible individual shall file for a rebate. Rebates shall not exceed $2,500 per individual. 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 no later than October 31, 2023. This rebate program shall be in effect from July 1, 2022 to June 30, 2023"

Additional co-sponsor(s) added to Amendment #466 to H4700

Prescription Drug Rebate Program for Low Income Seniors