relative to financial eligibility for the Medicare savings program.

Summary

The bill would remove the asset test for the state’s Medicare Savings Program, letting more low‑income seniors qualify, and, if the federal Centers for Medicare & Medicaid Services approves, would extend the Medicare Part D low‑income subsidy to New Hampshire residents. It targets seniors previously denied because of assets, estimating about 2,033 new participants. The proposal would cost roughly $5.9 million a year, split between state and federal funds.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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