Maryland HB696 establishes new prescription drug coverage programs for retirees, discontinuing certain benefits for Medicare-eligible retirees and.

Maryland HB696 aims to establish new prescription drug coverage programs for retirees, discontinuing certain benefits for Medicare-eligible retirees and their dependents. The bill creates the Maryland State Retiree Prescription Drug Coverage Program to reimburse out-of-pocket costs exceeding limits for non-Medicare-eligible retirees. It also establishes the Maryland State Retiree Catastrophic Prescription Drug Assistance Program to cover costs after catastrophic coverage under a prescription drug benefit plan.

Maryland HB696 establishes new prescription drug coverage programs for retirees, discontinuing certain benefits for Medicare-eligible retirees and.

Maryland HB696 aims to establish new prescription drug coverage programs for retirees, discontinuing certain benefits for Medicare-eligible retirees and their dependents. The bill creates the Maryland State Retiree Prescription Drug Coverage Program to reimburse out-of-pocket costs exceeding limits for non-Medicare-eligible retirees. It also establishes the Maryland State Retiree Catastrophic Prescription Drug Assistance Program to cover costs after catastrophic coverage under a prescription drug benefit plan.