TRENTON – Senate President Stephen M. Sweeney and Budget and Appropriations Chairman Paul Sarlo today said an announcement by the federal Department of Health and Human Services that it will decrease the amount New Jersey will have to reimburse Medicare for some prescription drug payments shows once again how the state is being helped by the policies set by the Obama administration.
New Jersey will save $152,950,689 – or nearly 22 percent of what it would have otherwise owed the federal government.