Prescription Drug Plan Now Law
By: Import User
Updated: January 7, 2009
A new prescription drug benefit plan for lower income seniors is now law in Missouri. Governor Bob Holden signed the legislation this morning. The program replaces a state income tax credit that has provided up to $200 annually to seniors to help offset their medicine bills. Projections put the new program at nearly the same cost to the state within a couple of years, but it will provide a greater benefit, up to $5,000 annually for the fewer number of Missourians who qualify.
