New Jersey PAAD and Senior Gold Discount Programs: Help with Medicare Part D in NJ

New Jersey PAAD - New Jersey Senior Gold Programs

There are two State Pharmaceutical Assistance Programs in New Jersey: New Jersey PAAD program and New Jersey Senior Gold Discount program. Both of these help with Medicare Part D. They provide low-cost prescription drugs to qualified New Jersey residents having Medicare. Both are coupled with Medicare Part D.

New Jersey PAAD (Pharmaceutical Assistance to the Aged and Disabled Program)

  • Eligibility

– Age 65 or older, or 18 or older and disabled; and

– A New Jersey resident; and

– Annual gross income for 2018 must be less than $27,189 for individuals and less than $33,334 for married couples; and

– If you are eligible for Medicare, you must enroll in a Medicare Part D Prescription Drug Plan unless prohibited from doing so.

  • Benefits

– Drug cost will be no more than $5.00 per PAAD covered generic drug or $7.00 for PAAD covered brand-name drug.

– PAAD will pay the monthly premium for standard Part D plans with a monthly premium at or below the regional benchmark.

– Coverage for deductibles, co-insurance, and the coverage gap.

  • Cost

– There are no costs to participate.

For more details of the New Jersey PAAD program, please visit PAAD Program, or call toll free 1-800-792-9745.

New Jersey Senior Gold Prescription Discount Program

  • Eligibility

                – Age 65 or older, or 18 or older and disabled; and

                – A New Jersey resident; and

                – Annual gross income for 2018 must be between $27,189 and $37,189 for individuals and between $33,334 and $43,334 for married couples; and

                – If Medicare-eligible, then you must enroll in a Medicare Part D Prescription Drug Plan unless prohibited from doing so.

  • Benefits

– Copayment for Senior Gold covered drugs is $15 plus 50% of the remaining cost of the prescription or actual drug cost, whichever is less.

– Once the beneficiary’s annual out of pocket expenses reach catastrophic gap ($2,000 for individuals and $3,000 for married couples), the copayment is $15 (or the reasonable cost of the drug, whichever is less) for the balance of that eligibility period.

  • Cost

– There are no costs to participate.

For more details of the available New Jersey Senior Gold program, please visit Senior Gold Program, or call toll free 1-800-792-9745.

How Can Liberty Medicare Help with Drug Costs?

Liberty Medicare is a leading insurance agency that specializes in Medicare insurance in New Jersey. All our services are absolutely free to you. An essential part of our job is to provide suggestions on available Medicare Extra Help Programs and State Pharmaceutical Assistance Programs (such as PAAD and Senior Gold Discount programs) that will help with your Prescription Drug expenses.

You should be aware that Medicare Extra Help Programs and State Pharmaceutical Assistance Programs (SPAPs) qualify for the Special Election Period (SEP). It allows you to change your Medicare Advantage or Prescription Drug Plan once per calendar quarter during the first nine months of the year.

Learn more about all the benefits of working with Liberty Medicare.

Receive our Medicare Quotes, or give us a call at 877-657-7477, and you will be connected to a licensed agent/broker.