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and all dividends paid to policyholders on direct premiums, and the | tax must be computed by those companies or health maintenance | organizations or their agents. |
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| | Sec. 5. 36 MRSA §6162-A, sub-§2, as amended by PL 1997, c. 643, Pt. | RR, §6, is further amended to read: |
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| | 2. Income. Eligibility for this program is determined by the | same income levels as eligibility for elderly households is | determined under chapter 907, except that individuals are also | eligible for this program if the household spends at least 40% of | its income on unreimbursed direct medical expenses for | prescription drugs and the household income is not more than 25% | higher than the levels specified in chapter 907 according to | Title 22, section 254, subsection 2. For the purposes of this | subsection, the costs of drugs provided to a household under this | chapter is considered a cost spent by the household for | eligibility determination purposes. |
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| | Sec. 6. 36 MRSA §6162-A, sub-§6, as enacted by PL 1987, c. 528, §2, is | repealed. |
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| | Sec. 7. Effective date. This Act takes effect January 1, 2000. |
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| | This bill expands eligibility for the elderly low-cost drug | program to 185% of the federal poverty line. It preserves the | provisions that allow eligibility to be determined in part based | on the cost of prescription drugs. It imposes a gross premium | tax on for-profit health maintenance organizations in the amount | that is paid by health insurers at the rate of 2% a year. The | bill contains an effective date of January 1, 2000. |
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