The bill proposes significant reforms to the Medicare Savings Programs in New Jersey by increasing the income eligibility threshold to 200 percent of the federal poverty level (FPL) and eliminating the asset test. Specifically, it amends Section 3 of P.L.1968, c.412 (C.30:4D-3) to redefine income limits for specified low-income Medicare beneficiaries, thereby expanding access to medical assistance for low-income individuals, particularly seniors and disabled persons. The bill also allows the Commissioner of Human Services to establish alternative income eligibility standards, not exceeding 230 percent of the FPL, to ensure compliance with federal regulations while maximizing federal funding.

In addition to raising income thresholds, the bill removes previous resource limitations that restricted eligibility, simplifying the application process for individuals seeking assistance. By focusing solely on income criteria, the legislation aims to enhance support for vulnerable populations in New Jersey, improving their access to essential healthcare services. The bill includes provisions for the Commissioner to apply for necessary state plan amendments or waivers and to adopt regulations to implement these changes, with appropriations from the General Fund to support the initiatives.

Statutes affected:
Introduced: 30:4D-3