Franklin Lakes NJ

May 4, 2010 by Post Team 

Franklin Lakes NJFranklin Lakes NJ:TRENTON (CBS) – As Governor Chris Christie is trying to balance the budget in New Jersey, a group that would assume some of the burden is firing back.

Some of the poorest elderly of the state could see a dramatic increase in one of their biggest expenses – prescriptions.

As many as 134,000 people over New Jersey and adults with disabilities are about to get hit with rapidly rising drug costs, and deductibles – as you are facing the loss of many of their tax breaks.

“New Jersey is like the Titanic. We hit an iceberg, a financial iceberg,” said Dave Johnston of AARP.

The state program is for those earning less than $ 25,000 a year. You will now have to pay $ 310 a year for drug benefits and to pay $ 8 more per prescription, for a total of $ 15 for brand name drugs. Generic drugs drop by $ 1 to $ 5 per drug.

Advocates for the elderly say they are particularly relevant to the cost of prescription drugs, that 40 percent of them twice, forcing many to make tough decisions.

“We are going to do is stop taking prescription drugs or they will eat less,” said Johnston.

Christie’s proposed increases could take effect as soon as January 1. His office said in part, saying: “By bringing together state pharmaceutical assistance programs in line with other states and national models for promoting the use of generic prescriptions, we can achieve lower costs and continue to provide services.”

Retirees like Sandy Sloat are suffering the loss of property tax refunds, but must also worry about the costs of medicines to your elderly parent.

“We should go and help him,” said Sloat.

But others said that in difficult times, sacrifices all.

“The state is in trouble and has devised a way out of it. Do not want to be like California and go bankrupt,” said Hugh Lally of Ringwood, NJ

“Everybody is going to have to take some of the increase,” said Ron Andriani of Franklin Lakes.

However, many said it is an increase that just can not find a way to pay.

If the budget is approved, the co-payments will take effect on July 1, then the annual premium of $ 310 is activated on 1 January.

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