Provides premium and cost-sharing subsidies to low-income Medicare Part D beneficiaries in Puerto Rico and other U.S. territories.
Amends titles XVIII and XIX of the Social Security Act to ensure low-income Medicare Part D beneficiaries in Puerto Rico and other U.S. territories receive premium and cost-sharing subsidies. The changes take effect on January 1, 2027, with increased amounts starting in the second quarter of fiscal year 2027. The bill also adjusts the computation for these subsidies to include these territories.
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