Bill Text - SB545 (2026)

Relative to financial eligibility for the Medicare savings program.


Revision: April 7, 2026, 11:26 a.m.

SB 545-FN - AS AMENDED BY THE SENATE

 

03/26/2026   1210s

2026 SESSION

26-2127

05/08

 

SENATE BILL 545-FN

 

AN ACT relative to financial eligibility for the Medicare savings program.

 

SPONSORS: Sen. Rosenwald, Dist 13; Sen. Long, Dist 20; Sen. Fenton, Dist 10; Sen. Watters, Dist 4; Sen. Perkins Kwoka, Dist 21; Sen. Altschiller, Dist 24; Rep. Wallner, Merr. 19; Rep. Weber, Ches. 5; Rep. Telerski, Hills. 11; Rep. Hakken-Phillips, Graf. 12; Rep. Nagel, Belk. 6

 

COMMITTEE: Health and Human Services

 

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ANALYSIS

 

This bill removes the resource limit for the Medicare savings program and, subject to CMS approval, makes the low income subsidy for Medicare Part D available to residents to assist with prescription drug costs.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/26/2026   1210s 26-2127

05/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty-Six

 

AN ACT relative to financial eligibility for the Medicare savings program.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1 Short Title. This act shall be known as "The Help for Low Income Seniors Act of 2026".

2 New Section; Financial Eligibility for Medicare Savings Program. Amend RSA 167 by inserting after section 4-f the following new section:

167:4-g Medicare Savings Program.

I.  The department shall administer the Medicare savings program as described in 42 U.S.C. section 1396a(a)(10)(E) in accordance with federal law and this section.

II. Financial eligibility for the Medicare savings program shall, subject to CMS approval, make the low income subsidy for Medicare Part D available to residents to assist with prescription drug costs.

3  Effective Date.  This act shall take effect 60 days after its passage.

 

LBA

26-2127

04/07/2026

 

SB 545-FN- FISCAL NOTE

AS AMENDED BY THE SENATE (AMENDMENT #2026-1210s)

 

AN ACT relative to financial eligibility for the Medicare savings program.

 

FISCAL IMPACT:

This bill requires the Department of Health and Human Services to make the low-income subsidy for Medicare Part D available to residents who meet the financial eligibility criteria for participation in the Medicare savings program.  The Depatment notes that the subsidy is already available to such residents, although there is currently no requirement in either state or federal law that this be the case.  The subsidy is administered by the federal government and is fully federally funded, provided that expenditures do not exceed the state's allocation of federal funds available for this purpose.  The Department notes that from calendar years 2021 through 2025, subsidy expenditures have ranged from 55 percent to 67 percent of the state's allotment.  For this reason, the Department assumes that the bill will have no fiscal impact.

 

AGENCIES CONTACTED:

Department of Health and Human Services