NJ PAAD and Senior Gold for Additional Assistance

When you turn 65 and are enrolled in Medicare, it is important to understand that sometimes, it is not unusual to still need some Medicare help. Prescription copays can still be very high. New Jersey Pharmaceutical Assistance to the Aged and Disabled Program (PAAD for short) and Senior Gold are two programs that can help you if you are a NJ resident with a limited income.

What Are NJ PAAD and Senior Gold?

These two programs exist to assist Medicare recipients in New Jersey with the cost associated with a Part D plan.  

NJ PAAD assists in prescription costs, co-pays, and the monthly premium for specific Medicare Part D plans.  PAAD recipients won’t pay more than $5 for generic drugs and $7 for brand name drugs.

Senior Gold gives a discounts on any medication with a copay higher than $15 and lowers the out of pocket amount you need to pay before qualifying for the catestrophic phase of Part D prescription coverage.

How Do I Qualify?

NJ PAAD and Senior Gold are very similar forms of Medicare help, but they do each have slightly different qualifications that you must meet. ASSETS DO NOT COUNT IN QUALIFYING FOR EITHER PROGRAM!

NJ PAAD Requirements are annual income (which includes Social Security benefits)

File single- less than $38,769,

File with a Spouse - less than $45,270.

Senior Gold Requirements are annual income (which includes Social Security benefits)

File single- less than $48,769,

File with a Spouse - less than $55,270.

Additional Qualification Requirements include:

1. You must be a resident of New Jersey.
2. You must be enrolled or enroll in a Medicare Part D Prescription Drug Plan.  The state will pay for certain Medicare Part D drug plans or help pay the monthly premium on Medicare Advantage plans.  New Jersey Medicare Brokers can assist you in enrolling in a prescription drug plan that the NJ PAAD program will pay the monthly premium for.
3. You are enrolled in Medicare Parts A and/or B.
4. You are not enrolled in Medicaid.

You can download a paper application for the NJ PAAD and Senior Gold Program by clicking here or apply online using the NJSave Application.  The fax number to submit a completed application along with supporting documentation for the NJ PAAD or Senior Gold application is 1-609-588-7122.

Speak with New Jersey Medicare Brokers LLC today and learn more.