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Bill > S00355


NY S00355

NY S00355
Relates to program eligibility for plans comparable to Medicare part D; provides for analysis of health plans by the department of health to determine whether such health plans meet or exceed the Medicare part D standard; requires the department of health, in consultation with the department of financial services, to notify prescription drug insurers of the provisions of this act.


summary

Introduced
01/08/2025
In Committee
02/04/2026
Crossed Over
05/20/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the elder law, in relation to program eligibility for health plans comparable to Medicare part D; and to amend the public health law, in relation to assessment of prescription drug coverage by health plans

AI Summary

This bill modifies the elder law and public health law to enhance prescription drug coverage options for seniors, particularly those enrolled in the Elderly Pharmaceutical Insurance Coverage (EPIC) program. The bill expands program eligibility to include not just Medicare Part D, but also other public or private drug plans that can demonstrate coverage equivalent to or exceeding Medicare Part D standards, as determined by the Centers for Medicare & Medicaid Services (CMS). It requires the Department of Health to create a process for insurers and individuals to have their health plans assessed for prescription drug coverage comparability, including maintaining an online list of plans that meet the Medicare Part D standard. The bill also defines various terms like "health plan" and "insurer" and establishes a system for ongoing monitoring and reevaluation of these plans. Additionally, the Department of Health must notify insurers about the new provisions and provide detailed guidelines about the EPIC program. The goal is to provide seniors with more flexibility in choosing prescription drug coverage while ensuring a minimum standard of comprehensive drug benefits.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (8)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 02/04/2026)

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