Territories Medicare Prescription Drug Assistance Equality Act of 2019
A BILL
To amend titles XVIII and XIX of the Social Security Act to make premium and cost-sharing subsidies available to low-income Medicare part D beneficiaries who reside in Puerto Rico or another territory of the United States.
2. Equal treatment of residents of territories in premium and cost-sharing subsidies under Medicare prescription drug program
“(B) Computation for territories—The amount computed under this paragraph for a State not described in subparagraph (A) and for a month in a year (beginning with 2020) is equal to—
“(i) 1/12 of the product of—
“(I) the amount determined under subsection (e) for the State for 2019; and
“(II) 100 percent minus the highest possible Federal medical assistance percentage that may be applied to any of the 50 States for fiscal year 2018 under section 1905(b)(1); and
“(ii) increased for each year (beginning with 2019 up to and including the year involved) by the applicable growth factor specified in paragraph (4) for that year.”
“(C) for the first 3 quarters of fiscal year 2020 and for each subsequent fiscal year, the amount otherwise applied under section 1108(f) for the State shall be increased by the amount specified in paragraph (4)(A) for such period or fiscal year.”
“(iv) for the first quarter of fiscal year 2020, is equal to 25 percent of the aggregate amount specified in this subparagraph for the previous fiscal year increased by the annual percentage increase specified in section 1860D–2(b)(6) for the year involved.”
“(4) Increased amount beginning with second quarter of fiscal year 2020
“(A) In general—The amount specified in this paragraph for a State for the last 3 quarters of fiscal year 2020 or for a subsequent fiscal year is equal to the product of—
“(i) the aggregate amount specified in subparagraph (B) for such period or fiscal year; and
“(ii) the ratio (as estimated by the Secretary) of—
“(I) the number of individuals who are entitled to benefits under part A or enrolled under part B and who reside in the State (as determined by the Secretary based on the most recent available data before the beginning of the period or year); to
“(II) the sum of such numbers for all States that are subject to this subsection.
“(B) Aggregate amount—The aggregate amount specified in this subparagraph for—
“(i) the last 3 quarters of fiscal year 2020, is equal to 3 times the amount specified in paragraph (3)(B)(iv);
“(ii) fiscal year 2021, is equal to 4 times the amount specified in paragraph (3)(B)(iv) increased by the same annual percentage increase as is applied to increases in the amounts applied for the fiscal year and State under section 1108(f); or
“(iii) a subsequent fiscal year, is equal to the aggregate amount specified in this subparagraph for the previous fiscal year increased by the same annual percentage increase as is applied for the fiscal year and State under section 1108(f).”