SENIOR GOLD AND PAAD RESTORED TO ORIGINAL LEVELS

225px-ChChristieGovernor Chris Christie announced that New Jersey’s seniors will see benefits restored to pre-fiscal year 2011 budget levels for prescription drug assistance. Funding is now available in the fiscal year 2011 budget to keep deductibles and copayments for Senior Gold and the Pharmaceutical Assistance to the Aged and Disabled (PAAD) at preexisting levels, as well as lower PAAD copayments for generic medicines to $5. The change is due to increases in rebate collections from drug manufacturers, higher utilization of generic drugs, expanded eligibility for enrollment in Medicare Part D’s Low Income Subsidy program and manufacturer discounts in Medicare part D “donut hole.” PAAD and Senior Gold provide much needed prescription drug assistance to nearly 164,000 low-income seniors and those New Jerseyans living with disabilities. Of that number, approximately 140,000 are enrolled in PAAD and another 23,000 in the Senior Gold program.

Check Also

WILDWOOD POLICE CANCEL NATIONAL NIGHT OUT EVENT

National Night Out is a no go this year in Wildwood.  Police announced on their …

Leave a Reply

Your email address will not be published. Required fields are marked *