HHSDirect PaymentHealthcareFebruary 23, 2026

MEDICARE PRESCRIPTION DRUG COVERAGE

$706,957,585

AI Summary

This $707 million direct payment funds Medicare Prescription Drug Coverage (Part D) for beneficiaries in New Jersey. Medicare Part D subsidizes prescription medication costs through private insurance plans, helping seniors and eligible individuals afford necessary medications.

Key Points

  1. 01$707 million in Medicare Part D payments for New Jersey
  2. 02Covers prescription drug benefits for Medicare enrollees
  3. 03Administered by the Department of Health and Human Services
  4. 04Helps make prescription medications affordable for seniors

Award Details

Start Date

Feb 23, 2026

End Date

Ongoing

Category

Healthcare

State

NJ

Award Type

Direct Payment

Quick Summary

Amount
$707.0M
Agency
Department of Health and Human Services
Recipient
MULTIPLE RECIPIENTS
Type
Direct Payment

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