summary
Introduced
04/02/2015
04/02/2015
In Committee
07/02/2015
07/02/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation relative to group insurance costs for certain public retirees. Public Service.
AI Summary
This bill mandates that the Commonwealth of Massachusetts deposit any federal subsidies received from the retiree drug subsidy program, established by the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (often referred to as P.L. 108-173), into a dedicated account managed by a commission. This commission will then be authorized to use these funds to cover the portion of a retiree's healthcare deductibles and copayments that exceed $2,500 for an individual or $5,000 for a family, but do not exceed $5,000 for an individual or $10,000 for a family, thereby providing financial relief for certain out-of-pocket medical expenses for public retirees.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Accompanied a new draft, see S2113 (on 01/25/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/Senate/S1997 |
| State Bill Page | https://malegislature.gov/Bills/189/S1997 |
| Bill | https://malegislature.gov/Bills/189/S1997.pdf |
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