An Act Requiring The State To Pay A Share Of A Retired State Employee'S Or Retired Teacher'S Premium For Medicare Part B Under Medicare Advantage

This bill requires the State of Maine to cover 100% of the Medicare Part B premiums for retired state employees and teachers who enroll in specific Medicare Advantage plans. To qualify, retirees must have a base annual pension under $75,000, not be eligible for Medicaid, and meet specific pension projection criteria. The legislation applies to state employees starting January 1, 2024, and to teachers beginning July 1, 2024, with funding allocated through the state's general fund.