New York S 355: Provides for program eligibility for plans comparable to Medicare part D
Status: REPORTED AND COMMITTED TO FINANCE (as of 2026-02-04)
State: New York · Session: 2025-2026 · Bill: S 355
Sponsors: Gustavo Rivera, Cordell Cleare, Jeremy Cooney, John Liu, Joseph P. Addabbo Jr., Rachel May, Robert Jackson, Steve Rhoads
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript S00355 Summary: BILL NOS00355A   SAME ASSAME AS A08226   SPONSORRIVERA   COSPNSRADDABBO, CLEARE, COONEY, JACKSON, LIU, MAY, RHOADS   MLTSPNSR   Amd §§242 & 241, Eld L; add §280-e, Pub Health L   Relates to program eligibility for plans comparable to Medicare part D; provides for analysis of health plans by the department of health to determine whether such health plans meet or exceed the Medicare part D standard; requires the department of health, in consultation with the department of financial services, to notify prescription drug insurers of the provisions of this act. Go to top S00355 Actions: BILL NOS00355A   01/08/2025REFERRED TO HEALTH 02/04/2025REPORTED AND COMMITTED TO FINANCE 04/29/20251ST REPORT CAL.743 04/30/20252ND REPORT CAL. 05/01/2025ADVANCED TO THIRD READING 05/12/2025AMENDED ON THIRD READING (T) 355A 05/20/2025PASSED SENATE 05/20/2025DELIVERED TO ASSEMBLY 05/20/2025referred to aging 01/07/2026died in assembly 01/07/2026returned to senate 01/07/2026REFERRED TO HEALTH 02/04/2026REPORTED AND COMMITTED TO FINANCE Go to topS00355 Committee Votes: Go to topS00355 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topS00355 Text: STATE OF NEW YORK ________________________________________________________________________ 355--A Cal. No. 743 2025-2026 Regular Sessions IN SENATE (Prefiled) January 8, 2025 ___________ Introduced by Sens. RIVERA, ADDABBO, CLEARE, COONEY, LIU, MAY, RHOADS -- read twice and ordered printed, and when printed to be committed to the Committee on Health -- reported favorably from said committee and committed to the Committee on Finance -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the elder law, in relation to program eligibility for health plans comparable to Medicare part D; and to amend the public health law, in relation to assessment of prescription drug coverage by health plans The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraphs (f) and (h) of subdivision 3 and subdivision 4 2 of section 242 of the elder law, paragraph (f) of subdivision 3 as 3 amended by section 1 of part T of chapter 56 of the laws of 2012, para- 4 graph (h) of subdivision 3 as amended by section 3-f of part A of chap- 5 ter 59 of the laws of 2011, and subdivision 4 as added by section 12-a 6 of part T of chapter 56 of the laws of 2012, are amended to read as 7 follows: 8 (f) As a condition of eligibility for benefits under this title, a 9 program participant is required to be enrolled in Medicare part D, or 10 any other public or private drug plan which has successfully demon- 11 strated to CMS that the coverage meets or exceeds the actuarial value of 12 the defined standard coverage under the Medicare part D prescription 13 drug benefit, as determined by CMS, and to maintain such enrollment. For 14 unmarried participants with individual annual income less than or equal 15 to twenty-three thousand dollars and married participants with joint 16 annual income less than or equal to twenty-nine thousand dollars, the 17 elderly pharmaceutical insurance coverage program shall pay for the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00618-05-5 S. 355--A 2 1 portion of the part D or comparable plan monthly premium that is the 2 responsibility of the participant. Such payment shall be limited to the 3 low-income benchmark premium amount established by the federal centers 4 for medicare and medicaid services and any other amount which such agen- 5 cy establishes under its de minimus premium policy. 6 (h) The elderly pharmaceutical insurance coverage program is author- 7 ized to represent program participants under this title with respect to 8 their Medicare part D or comparable coverage. 9 4. As a condition of eligibility for benefits under this title, 10 participants must be enrolled in [medicare] Medicare part D, or any 11 other public or private drug plan which has successfully demonstrated to 12 CMS
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