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SPONSOR: | Picraux | DATE TYPED: | 03/02/01 | HB | 302/aHFL#1 | ||
SHORT TITLE: | Prescription Drug Benefit for Seniors | SB | |||||
ANALYST: | Carrillo |
Recurring
or Non-Rec |
Fund
Affected | ||||
FY01 | FY02 | FY01 | FY02 | ||
See Narrative |
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
Retiree Health Care Authority
State Agency on Aging
Health Policy Commission
SUMMARY
Synopsis of HFL. Amendment #1
House Floor Amendment #1 to House Bill 302 clarifies the language referring to the contracted discounted price available to the Retiree Health Care Authority.
Synopsis of Original Bill
House Bill 302 proposes to amend the Retiree Health Care Act, specifically Section 10-7C-5, to provide a senior prescription drug program. The bill establishes the Senior Prescription Drug Program Fund.
Significant Issues
The eligibility criteria set forth in HB302 is:
A qualifying senior will pay an annual enrollment fee not to exceed $60.00. The Retiree Health Care Authority (RHCA) will collect and use the enrollment fees for program administration costs, including disseminating general information about the program.
The amount a qualifying senior pays for a prescription drug shall not exceed the total cost of the dispensing fee plus the discounted price made available to or negotiated by the RHCA.
FISCAL IMPLICATIONS
HB302 creates the Senior Prescription Drug Program Fund and provides for revenues from an annual enrollment fee, not to exceed $60.00 per year per individual. The bill includes a non-reverting clause.
The fiscal implications of the proposed legislation are indeterminate at this time. The fiscal impacts, both costs and revenue, depend on the number of eligible seniors enrolling in the program.
ADMINISTRATIVE IMPLICATIONS
The administrative impact depends on the number of eligible seniors enrolling in the program, and their customer service needs.
CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP
HB302 relates to:
TECHNICAL ISSUES
HB302 does not include a provision making the fees collected for the program subject to legislative appropriation.
WJC/njw:ar