What is the difference between PAAD and Senior Gold?

PAAD co-pay is: • $5 per PAAD covered generic drug • $7 per PAAD covered brand name drug. Senior Gold co-pay for Senior Gold covered drugs is $15 + 50% of the remaining cost of the prescription or actual drug cost, whichever is less. (Co-pay will change with change in drug price.)

What does NJ Paad cover?

PAAD provides coverage for prescribed legend drugs, insulin and insulin supplies, and needled and syringes for injectable medicines used for the treatment of multiple sclerosis. The PAAD co-payment will be $5 for each PAAD covered generic drug prescription and $7 for each PAAD covered brand name drug prescription.

What is NJ Senior Gold?

The Senior Gold Prescription Discount program helps eligible New Jersey residents pay for prescription drugs, insulin, insulin needles and syringes and needles for injectable medicines used for the treatment of multiple sclerosis. Only drugs approved by the Food and Drug Administration are covered.

Does Social Security count as income for Paad?

PAAD will use this information to determine PAAD income eligibility. NOTE: This question does NOT ask the applicant or spouse (if applicable) to include income from Social Security Benefits, Wages, Self-Employment, Interest, or Dividends. These sources of income will be asked for in Questions 10 and 14.

What are Paad and senior gold in New Jersey?

PAAD and Senior Gold are state-funded prescription programs that help eligible New Jersey residents with the cost of prescribed medication. The Medicare Savings Programs known as Specified Low-Income Medicare Beneficiary (SLMB) or SLMB Qualified Individual are two programs that pay Medicare Part B premiums.

How does the Senior Gold program work in New Jersey?

The Senior Gold Prescription Discount program helps eligible New Jersey residents pay for prescription drugs, insulin, insulin needles and syringes and needles for injectable medicines used for the treatment of multiple sclerosis.

Is there a universal application for PAAD or senior gold?

UNIVERSAL APPLICATION FOR PHARMACEUTICAL ASSISTANCE TO THE AGED AND DISABLED (PAAD), SENIOR GOLD PRESCRIPTION DISCOUNT PROGRAM (SENIOR GOLD), LIFELINE, MEDICARE SAVINGS PROGRAMS (MSP) AND OTHER SPECIAL BENEFITS PROGRAMS

What is the PAAD program in New Jersey?

The New Jersey Pharmaceutical Assistance to the Aged and Disabled Program, or PAAD for short, is designed for those seniors with less income than the Senior Gold program.