405 IAC 8-6-1

405 IAC 8-6-1 Assistance with Medicare prescription drug plan monthly premium

Last amended: 2024Year: 2027Length: 160 wordsOfficial source

Cite as Ind. Admin. Code tit. 405, r. 8-6-1

Sec. 1. (a) An eligible member may receive: (1) premium assistance for the monthly premium cost of the: (A) Medicare prescription drug plan; or (B) Medicare-Advantage prescription drug plan. (b) The amount of monthly premium assistance provided by the IPDP shall not exceed the seventy dollars ($70) per month premium assistance in calendar year 2007. (c) The premium assistance benefit shall be paid directly to the Medicare Part D Plan in which the eligible IPDP member is enrolled. (d) Premium assistance provided by the IPDP will be reduced by the amount of premium assistance a member receives from the Centers for Medicare and Medicaid Services. (e) The IPDP member is responsible for premiums above the maximum amount set by the state. (f) IPDP premium assistance: (1) may only be applied to the prescription drug portion of a Medicare-Advantage prescription drug plan's monthly premium; and (2) shall not pay for the medical portion of the Medicare-Advantage prescription drug plan monthly premium.
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