Harrisburg, June 14, 2011– State Senator Judy Schwank (D-Berks) hailed efforts today by the Senate Aging and Youth Committee to protect PACE and PACENET enrollees with legislation that would prevent their losing benefits because of cost-of-living adjustments (COLAs) to Social Security.
“We need to make sure that seniors can get the prescriptions they need,” said Schwank, a member of the committee. “This proposal will ensure that cost-of-living increases do not put them outside the income limits for PACE/PACENET, sometimes by as little as a few cents.”
The committee unanimously approved sending the bill, HB 463, to the full Senate for its consideration. It would impose a three-year moratorium against removals due to COLAs, and already has been passed in the House of Representatives.
The state Department of Aging projects that without the change about 9,000 people currently receiving PACENET would lose their benefits, while an estimated 21,000 people enrolled in PACE would have to move to PACENET, making them responsible for higher co-pays.
PACE/PACENET benefits are paid for by proceeds from the state Lottery.
“I hope the full Senate will swiftly act on this bill. We need to honor the state’s commitment to our seniors,” Schwank said. “Not being able to afford the prescriptions they need is an option no senior should have to face.”
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