405 IAC 8-2-26

405 IAC 8-2-26 "Partial low-income subsidy" defined

Last amended: 2024Year: 2027Length: 65 wordsOfficial source

Cite as Ind. Admin. Code tit. 405, r. 8-2-26

Sec. 26. "Partial low-income subsidy" means the partial extra help for paying for Medicare prescription drug plan costs provided by the Centers for Medicare and Medicaid Services. According to CMS, beneficiaries receiving "partial low-income subsidy" will: (1) be responsible for monthly premium on a sliding scale for standard Medicare Part D plans; (2) have a reduced annual deductible; and (3) have no gap in coverage.
405 IAC 8-2-26: 405 IAC 8-2-26 "Partial low-income subsidy" defined | Justis AI