EPIC is designed to provide ongoing relief for out-of-pocket prescription costs for seniors. While structured to expand eligibility to seniors at or below 200% of poverty, it initially would be targeted to seniors who have recently used MEPPs, the tax credit program, and other seniors at or below 150% of poverty. EPIC would require an annual application (with a $25 administrative fee) at which point the prospective enrollee's annual cost-sharing obligation would be established as a percentage of household income based on a sliding scale of 1% of income at or below 100% of poverty up to 5% of income above 175% of income. The enrollee's cost-sharing obligation would be met with a monthly deductible computed as 1/12 of the annual cost-sharing amount. As an example, an individual with a household income of $8,350 (100% of poverty) would have an annual cost-sharing obligation of around $84. As such, his or her monthly deductible would be $7. For a couple at 150% of poverty (an income of $16,875), their annual obligation would be a little over $500 (3% of income), with a monthly deductible of $42.20. Once the monthly deductible was met, there would be no expenditure maximum. The only additional cost-sharing would be an additional $15 copayment in those cases in which an enrollee chose to have a prescription filled with a more costly brand-name drug when a lower cost generic drug was available.