Tumblr Icon RSS Icon

Seniors Saved $2.16 Billion On Prescriptions Last Year

By Guest Contributor on March 19, 2012 at 10:05 am

"Seniors Saved $2.16 Billion On Prescriptions Last Year"


google plus icon

The Department of Health and Human Services will announce today that nearly 4 million seniors saved $2.16 billion on prescription medications last year thanks to the health care law. Under the law, prescription medication in the so-called “doughnut hole,” or the gap area between traditional and catastrophic coverage levels, must be discounted by 50% until 2020, when the ACA will close the gap completely. According to government statistics, seniors saved $319 million on blood sugar medication and $280 million on cholesterol drugs.

Zachary Bernstein

Tennessee Bill May Expose Identities Of Women Seeking Abortions

GOP’s Distortion Of New CBO Estimate Exposes The Weakness Of Their Arguments Against Health Reform

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.