New Legislation Signed into Law Will Cap Medicare Out-of-Pocket Prescription Drug Costs

Continuing the Fight to Protect Social Security

Above: Gottheimer with Bergen County seniors.

BERGEN COUNTY, NJ — U.S. Congressman Josh Gottheimer (NJ-5) visited the Bergen County Annual Senior Citizens Festival, where he greeted and thanked local seniors and veterans for their contributions to the community, while residents enjoyed the festival’s games, music, and food at Van Saun County Park.

“There is no greater responsibility than that we owe to those who have given so much to us. Bergen County seniors make invaluable contributions to our North Jersey community, and I’m proud to be able to celebrate with them,” said Congressman Josh Gottheimer (NJ-5). “The Bergen County Annual Senior Citizens Festival is one of my favorite New Jersey traditions and I’m thrilled to be able to visit with so many Fifth District residents and seniors here today.”

Gottheimer was joined at Van Saun County Park by Bergen County Executive Jim Tedesco, Bergen County Commissioners Mary Amoroso and Germaine Ortiz, Bergen County Sheriff Anthony Cureton, Bergen County Clerk John Hogan, Assemblywoman Shama Haider, and Bergen County Surrogate Michael Dressler.

Gottheimer is fighting to support Jersey’s seniors by:

Lowering the cost for prescription drugs and health care: To support North Jersey’s seniors, Gottheimer announced how recently passed legislation will help lower prescription drug costs by capping the cost of insulin under Medicare at $35 per month for 5,700 residents from the Fifth District and for more than 77,000 residents across New Jersey. The legislation also caps annual out-of-pocket prescription costs at $2,000 starting in 2025 under Medicare — helping cut drug costs for thousands in North Jersey.

Making life more affordable for Jersey families by helping lower property taxes: Gottheimer recently announced that New Jersey’s Fifth District has now clawed 357% more federal tax dollars back from Washington and the Moocher States since he took office, helping to lower property taxes, make life more affordable and safer, and improve North Jersey communities. For 2021 alone, the federal tax dollars clawed back amount to an average savings of more than $750 for each household in the Fifth District.

Protecting Social Security and helping North Jersey seniors access their benefits: Gottheimer has helped hundreds of Fifth District seniors access their Social Security checks, and Gottheimer is continuing to fight to protect the vital Social Security program that North Jersey seniors paid into for their entire lives.

Stopping financial scams targeting our seniors: Gottheimer has announced a Senior Security Strategy to help end financial scams targeting our seniors, including stopping the unending stream of robocalls and unwanted texts. Gottheimer’s Senior Security Strategy includes his bipartisan legislation, the Empowering States to Protect Seniors from Bad Actors Act, which passed the House this year, to create a new Senior Investor Protection Grant Program to support state enforcement agencies and task forces charged with protecting and educating seniors on financial fraud, as well as his bipartisan, bicameral legislation, the Senior Security Act, which passed the House last year. The Senior Security Act will create a Senior Investor Taskforce at the Securities and Exchange Commission (SEC) to strengthen protections and safeguards for senior investors. 

Below: Gottheimer with Bergen County seniors.

###