An Act To Require The State To Pay Medicare Premiums For Certain Retired State Employees

This bill requires the State of Maine to cover the full cost of Medicare Part B premiums for retired state employees who do not receive Social Security benefits and whose pensions are projected to be at or below a specific threshold. The legislation authorizes funding from the General Fund to pay these premiums for the 2023-24 and 2024-25 fiscal years, with estimated costs of approximately $3 million and $6.3 million respectively. By removing the requirement for these retirees to pay their share of the premium, the bill directly reduces their out-of-pocket healthcare expenses while establishing a clear financial commitment for the state.