Maryland Insurance Section 14-511

Article - Insurance

§ 14-511.

CAUTION: READ FULL TEXT OF SECTION FOR SPECIAL NOTE

      (a)      There is a Senior Prescription Drug Program.

      (b)      The purpose of the Program is to provide Medicare beneficiaries, who lack prescription drug coverage, with access to affordable, medically necessary prescription drugs until such time as an outpatient prescription drug benefit is provided through the federal Medicare program.

      (c)      The Program shall be administered by a carrier as provided under § 14-106(d) of this title.

      (d)      The carrier that administers the Program shall:

            (1)      submit a detailed financial accounting of the Program to the Board as often as the Board requires;

            (2)      collect and submit to the Board data regarding the utilization patterns and costs for Program enrollees; and

            (3)      develop and implement a marketing plan targeted at eligible individuals throughout the State.

// SPECIAL NOTE: THE ABOVE SECTION WAS CHANGED BY CHAPTERS 281 AND 282 OF 2005 AND WILL REMAIN IN EFFECT UNTIL JUNE 30, 2007 //

** SPECIAL NOTE: CONTINGENCY - CHAPTERS 281 AND 282 - 2005 **

      (a)      There is a Senior Prescription Drug Assistance Program.

      (b)      The purpose of the Program is to provide Medicare Part D beneficiaries, who meet Program eligibility requirements, with a State subsidy for a portion of their:

            (1)      Medicare Part D prescription drug plan premium and deductible; or

            (2)      Medicare Advantage Plan premium and deductible related to a prescription drug benefit.

      (c)      The Board shall contract with a third party to administer the Program.

      (d)      The Administrator of the Program shall:

            (1)      submit a detailed financial accounting of the Program to the Board as often as the Board requires;

            (2)      collect and submit to the Board data regarding the utilization patterns and costs for Program enrollees; and

            (3)      develop and implement a marketing plan targeted at eligible individuals throughout the State.



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