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Byline: Karen Buckelew
Maryland legislators yesterday partnered with CareFirst BlueCross BlueShield in unveiling a new, $20 million program providing prescription drug assistance for the states lower income seniors.
Sen. Thomas Bromwell, D-Baltimore City/Baltimore County, Del. Michael E. Busch, D-Anne Arundel, and CareFirst officials yesterday morning picked Parkville Senior Center to kick off their efforts to get the word out to seniors about the new plan.
The plan represents Marylands very innovative approach to the problem of high drug prices, while some states out there are sitting back and waiting for the federal government to step in, said Bromwell.
Under the new program, for a $10 monthly premium, seniors receive $1,000 of prescription drug benefits for each year of the two-year Senior Short-Term Rx Plan.
The program is funded primarily from rate discounts granted to CareFirst, Aetna U.S. Healthcare and Mid-Atlantic Medical Services Inc. (MAMSI), with $13 million coming from CareFirst, also the programs administrator.
To qualify for the program, seniors over 65 years of age must qualify for Medicare Part A, not have prescription drug coverage through another program and have an income of no more than 300 percent of the federal poverty level.
For a household of two, 300 percent of the federal poverty level would be ...