State Prescription Drug Benefits - Retirees

HB 696 modifies prescription drug coverage for Maryland state retirees based on their hire date. It continues drug benefits for retirees who began state service before July 1, 2011, while ending these benefits for retirees (and their Medicare-eligible spouses/children) who started on or after that date. The bill replaces three existing retiree drug programs with a new reimbursement program covering out-of-pocket costs for eligible retirees who qualify for partial subsidies. It also removes reporting requirements related to Medicare-eligible retirees’ access to services.