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How Obamacare Has Saved Seniors Billions On Prescription Drugs

By Amanda Peterson Beadle  

"How Obamacare Has Saved Seniors Billions On Prescription Drugs"

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New data from the Centers for Medicare and Medicaid Services (CMS) about the Affordable Care Act shows that the health law already is helping people under Medicare with their prescription drug purchases. And millions of Medicare participants are taking advantage of preventive services available at no cost to them because of Obamacare. Here are three facts from CMS to know about the report:

– People with Medicare have saved a total of $3.5 billion on prescription drugs thanks to the health care law
– In the first four months of 2012 alone, more than 416,000 with Medicare people saved an average of $724 on prescription drugs thanks to the health care law
– From January through April, 12.1 million people in traditional Medicare received at least one free preventive service thanks to the health care law

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