Medicare Blog: Moorestown, Cranford NJ

almost $10M in Projected Part D Savings

11/10/2022

Every year in Sept/Oct, we send out reminders to our clients to complete their updated Rx form so we can review their Part D Plans for the following year.

Oct 15 to Dec 7 is the one opportunity each year to review and change the Part D Plan for the following year. This is a very important opportunity because the Part D Plans change every year; so even if your drugs haven't changed, your current Part D Plan may not be the best Part D Plan for the following year.

Since 2018, we have been tracking the Savings Projections for the Part D Recommendations we send our clients each year. If someone's current Part D Plan is still the most cost-effective Plan for the following year, it is not included in the Savings calculation. The Savings calculation just includes Savings Projection for Part D Recommendations that save people money versus keeping their current Part D Plan.

We are very excited that we have saved our clients nearly $10M over the last 5-years with our Annual Part D reviews.

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2023 NJ PAAD Income levels released

11/8/2022

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Last week, the state of NJ released their 2023 income levels for State Prescription Assistance Programs. These are very helpful programs for individuals that have lower income and expensive medications.

EFFECTIVE JANUARY 1, 2023

The PAAD income eligibility limits for calendar year 2023 are:

Less than $42,142 FOR A SINGLE PERSON
Less than $49,209 FOR A MARRIED COUPLE

The SENIOR GOLD income eligibility limits for calendar year 2023 are:

Between $42,142 -$52,142 FOR SINGLE PERSONS
Between $49,209 -$59,209 FOR MARRIED COUPLES

Application for both programs can be made via the NJ SAVE paper application, or on-line.
- MORE INFO CAN BE FOUND HERE
- APPLY ONLINE HERE

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almost $10M in Projected Part D Savings

2023 NJ PAAD Income levels released

Justin Lubenow

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