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Automatic Drug Cost Subsidies for Medicaid Seniors

This act simplifies access to drug cost assistance programs for individuals on Medicaid approaching age 65. Eligible seniors will automatically receive financial support for premiums and cost-sharing under Medicare Part D, potentially significantly reducing their medication expenses.
Key points
Individuals on Medicaid who turn 65 and meet income criteria (below 200% of the poverty line) will automatically qualify for drug subsidies under Medicare Part D.
This change aims to streamline the process of obtaining financial assistance for medications, eliminating the need for additional applications for eligible seniors.
The new rules will take effect on January 1, 2022, impacting insurance plans for that year and subsequent years.
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Additional Information
Print number: 117_HR_1167
Sponsor: Rep. Pappas, Chris [D-NH-1]
Process start date: 2021-02-18