Thursday, April 24, 2014
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Coverage Gap Plans

  

 Senior Prescription Drug 
Assistance Program (SPDAP) Overview

The Senior Prescription Drug Assistance Program (SPDAP) is a subsidy program established by the Maryland General Assembly in 2005 to provide financial assistance to moderate-income Maryland residents who are eligible for Medicare and are enrolled in a prescription drug plan.
 
SPDAP is overseen by the Maryland Health Insurance Plan, which is an independent agency of the State of Maryland and governed by a Board of Directors. Pool Administrators, Inc. administers this program for the Maryland Health Insurance Plan. 
 
Eligibility Requirements
 
To participate in the Senior Prescription Drug Assistance Program, individuals must meet the following eligibility requirements:
 
  • Show residency in Maryland for at least six months
  • Be a Medicare recipient
  • Have an income at or below 300% of the Federal Poverty Level. 
For more information on what the SPDAP subsidy is click here.
  


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