§418.3505. How would an increase, reduction or termination affect you?
20 C.F.R. § 418.3505
An increase in your subsidy means that you would be able to pay a lower premium to participate in the Medicare Part D prescription drug program. An increased subsidy may also result in a reduction in any deductible or copayments for which you are responsible.
A reduction in your subsidy means that you would have to begin to pay a premium or a higher premium to participate in the Medicare Part D prescription drug program. You may also have to begin to pay a deductible and higher copayments or increase the amounts of these payments.
A termination means that you would no longer be eligible for a subsidy under the Medicare Part D prescription drug program.
Notes, amendments, and revision history
Authority
Authority: Secs. 702(a)(5) and 1860D-1, 1860D-14 and -15 of the Social Security Act (42 U.S.C. 902(a)(5),1395w-101, 1395w-114, and -115).
Source
Source: 70 FR 77675, Dec. 30, 2005, unless otherwise noted.