Sec. 402. Dissemination to Medicare part D subsidy eligible individuals of information comparing premiums of certain prescription drug plans

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Section 1860D–1(c)(3) of the Social Security Act ( 42 U.S.C. 1395w–101(c)(3) ) is amended by adding at the end the following new subparagraph: For plan year 2022 and each subsequent plan year, the Secretary shall disseminate to each subsidy eligible individual (as defined in section 1860D–14(a)(3)) information under this paragraph comparing premiums that would apply to such individual for prescription drug coverage under LIS benchmark plans, including, in the case of an individual enrolled in a prescription drug plan under this part, information that compares the premium that would apply if such individual were to remain enrolled in such plan to premiums that would apply if the individual were to enroll in other LIS benchmark plans.

For purposes of clause (i), the term LIS benchmark plan means, with respect to an individual, a prescription drug plan under this part that is offered in the region in which the individual resides and— that provides for a premium that is not more than the low-income benchmark premium amount (as defined in section 1860D–14(b)(2)) for such region; or with respect to which the premium would be waived as de minimis pursuant to section 1860D–14(a)(5) for such individual. .

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42 USC 1395w–101(c)(3)

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Sec. 402

Dissemination to Medicare part D subsidy eligible individuals of information comparing premiums of certain prescription drug plans

Cite42 USC 1395w–101(c)(3)

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