Legislation signed to help older adults save money on prescription medications
Gov. Josh Shapiro signed Senate Bill 607 into law, ensuring 20,000 older Pennsylvanians maintain prescription medication benefits despite income increases from Social Security adjustments. The bill extends the Pharmaceutical Assistance Contract for the Elderly (PACE) and Pharmaceutical Assistance Contract for the Elderly Needs Enhancement Tier (PACENET) cost-of-living moratorium through 2025.
Secretary of Aging Jason Kavulich emphasized the programs’ vital role in supporting older adults and thanked the legislators for their efforts. Act 62 of 2023 extends the moratorium until Dec. 31, 2025, benefiting over 250,000 older Pennsylvanians.
The PACE program, funded with revenue from the Pennsylvania Lottery, began July 1, 1984, to provide comprehensive reimbursement coverage for prescription medications to qualified older Pennsylvanians. The program serves people 65 and older, many of whom require multiple medications for several chronic health conditions.
Learn more about the PACE/PACENET program along with other programs and services for older adults by visiting the Pennsylvania Department of Aging’s website here.