Increases income eligibility and removes asset test for Medicare Savings Programs in New Jersey.
New Jersey S1621 increases the income eligibility threshold and eliminates the asset test for the Qualified Medicare Beneficiary (QMB) Program, the Specified Low-Income Medicare Beneficiary (SLMB) Program, and the Qualifying Individual (QI) Program. This bill also appropriates funds from the General Fund to the Department of Human Services to implement these changes. The bill aims to provide assistance in the payment of all Medicare cost-sharing, including premiums, copayments, coinsurances, and deductibles, to state residents enrolled in the Medicare program.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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