Funding for EPIC Returns, Briefly

A year after the state slashed spending on the Elderly Pharmaceutical Insurance Coverage (EPIC) program, it will restore funding — at least for the first three months of 2013.

The news comes as a relief for people like Melvyn May, 76, who paid $126 for each 90-day supply of seven medications he takes daily for heart disease, diabetes and high cholesterol.

Retired rabbi Melvyn May, 76, of Queens, hopes New York will permanently restore full funding for Elderly Pharmaceutical Insurance Coverage, which reduces his prescription costs by hundreds of dollars. — Katja Heinemann/Novus Select

In January, May's copayments will return to $20 each, the same copay he was charged in 2011.

Read More: AARP Bulletin