Affordable Care Act Saving Billions for Seniors

Filed in National by on May 1, 2012

Publicizing the success of the Affordable Care Act needs to be a priority of the Obama campaign. Most Americans don’t like the Affordable Care Act, but it’s the specifics that most Americans do like.

In the first two years after “Obamacare” was signed, Medicare reforms in the law saved seniors a total of $3.4 billion in prescription drug costs by bridging a coverage gap, according to official figures.

Over 220,000 beneficiaries have saved an average of $837 in the first three months of 2012, the Medicare agency said Monday. That’s on top of $3.2 billion in savings enjoyed by some 5.1 million seniors in 2010 and 2011 thanks to the Affordable Care Act, according to the advisory on the new figures.

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