The "Help for Low Income Seniors Act of 2026" aims to enhance financial eligibility for the Medicare savings program by removing the resource limit currently in place. The bill introduces a new section, RSA 167:4-g, which mandates the Department of Health and Human Services to administer the Medicare savings program in accordance with federal law. It specifically states that, subject to approval from the Centers for Medicare & Medicaid Services (CMS), the low-income subsidy for Medicare Part D will be made available to residents to assist with their prescription drug costs.

The bill does not impose any new fiscal burdens, as the low-income subsidy is already available to eligible residents, albeit without a formal requirement in state or federal law. The subsidy is federally funded, and the Department of Health and Human Services anticipates that the bill will have no fiscal impact, given that past expenditures have consistently remained within the state's federal funding allocation. The act will take effect 60 days after its passage.