of Bill :
1 The Prescription Drug Payment Act, chapter P-15.01 of the Acts of New Brunswick, 1975, is amended by adding the following after section 2.5:
2.6 If an income ceiling is referred to in the eligibility requirements under subparagraph 1(a)(ii) or its related regulation, the income ceiling shall be adjusted to the amount calculated using the following formula:
C t+n = C * (1 + CPI t+1) * (1+ CPI t+2) ... * (1 + CPI t+n)
C: income ceiling pursuant to subparagraph 1(a)(ii) or its related regulation;
n: number of years beyond 2005;
CPI: Provincial Consumer Price Index (year over year) as determined by the Department of Finance.