The Pharmaceutical Assistance for the Aged and Disabled (PAAD) is a state-funded program in New Jersey that provides financial assistance to eligible seniors and disabled individuals to help them afford the cost of their prescription drugs. The program is designed to help those who are struggling to pay for their medications and are not covered by other insurance or assistance programs.
To qualify for PAAD, individuals must be a resident of New Jersey, be 65 years of age or older, or have a permanent disability, and have an annual income (in fiscal year 2023) that does not exceed $42,142 for a single person or $49,209 for a married couple. Additionally, applicants must not be eligible for Medicaid.
PAAD provides financial assistance to eligible individuals to help them pay for their prescription drugs. The program covers the cost of most prescription drugs, including medications for chronic conditions such as diabetes, high blood pressure, and heart disease. The program also covers the cost of over-the-counter medications for specific conditions, such as aspirin for heart disease. Under this plan, most patients have a Medicare Part D plan as their primary insurance plan. The co-pays and monthly premium of the Medicare D plan are covered by PAAD. The maximum out-of-pocket cost to patients enrolled in PAAD is as follows: generic drugs are $5.00 and brand drugs are $7.00.
The PAAD program can help eligible individuals save money on their prescription drug costs in several ways. First, the program provides financial assistance to cover the cost of prescription drugs, which can help individuals afford the medications they need to stay healthy. Additionally, applicants can qualify for Lifeline Utility Credit. This program offers an annual $225 utility benefit on electric and gas utility bills provided you meet PAAD eligibility requirements; and Hearing Aid Assistance. The Hearing Aid Assistance program provides a $500 reimbursement to help offset the purchase of a hearing aid if you meet the PAAD eligibility requirements.
In order to apply for PAAD, eligible individuals must complete an application and provide proof of income, residence, and age or disability. The application can be found on the New Jersey Department of Human Services website and can be submitted online, by mail, or in person at a local Department of Human Services office. To apply online, visit https://njdoas-ua.force.com/njsave/quickstart to get started. Alternatively, you can download a paper application by clicking this link to Download PAAD Paper Application.
In conclusion, the Pharmaceutical Assistance for the Aged and Disabled (PAAD) is a valuable program for eligible seniors and disabled individuals in New Jersey who are struggling to afford the cost of their prescription drugs. The program provides financial assistance and offers discounts on prescription drugs, which can help individuals save money and stay healthy. If you or someone you know may be eligible for PAAD, it is recommended to look into the program and apply.
At Drug Mart Pharmacy, we are glad to assist you in if you have questions about eligibility or would like to enroll in the program. PAAD has helped thousands of people at Drug Mart save money on prescription co-pays and premiums. Call us at 908-561-5300 and speak to a pharmacist who can help guide you in this process. You'll be able to focus on what matters most, your health, instead of worrying about how you will afford the cost of a prescription drug on a monthly basis.