Drugmakers participating in Medicare agreed to give the government a 50% discount on premium drugs and 14% on generic drugs as part of the law, and the government passed those savings on to seniors. In 2012, the coverage gap - or "doughnut hole" - is $2,930. The law eliminates that gap by 2020. So far, no research has shown that the drugmakers have passed costs from those discounts on to other consumers, as some opponents of the law had feared.
Compared to last year, more patients have saved more money this year, Blum said. Through August 2012, beneficiaries have saved an average of $641.
"This could mean that more people are taking their medication as directed by their doctor on their prescriptions because they're more affordable," Blum said.
The increased number of patients on medications could also be the result of seniors using the provision of the law that eliminates out-of-pocket expenses for annual and preventive exams. Before, a colorectal-cancer screening could cost as much as $160, according to Health and Human Services.
"The law is already saving money on prescription drugs and ensuring millions of seniors can get the preventive care they need to stay healthy," HHS Secretary Kathleen Sebelius said.
Thanks, libertydies30, for the FACTS. I'm sure our senior Republicans will be interested in these FACTS, as will practical, intelligent Republicans who use FACTS to use reason. Now the fringe-right-radical-subversives, of course will deny these FACTS.
Please watch the movies ,Agenda and maybe even 2016 , and last ounce of courage before pushing any more Obama trash on our country.
Think about it he stops or slows drilling in American while giving billions to South America to drill. I could go on for hours with these examples. Wake up please.
I am all American, served in Vietnam as a Marine. I care, and Obama is destoying America from within. It took a geberation to get their people in office. Now look at the results.
Go ahead blame Bush. He probably did start the financial problems,But Obama was supposed to improve that situation.
Bush delt with 911 and made decisions to prevent more tragedy for us. He made mistakes that cost us money, but no more tragedy or attack. In my opinion Bush did his part a at a huge cost. Now Obama should solve the financial problems.
Would you rather Obama have 911 and Romney solve the financial end.
Think about it, Obama inherits 911 . What should be esier and safer to solve. 911 or Financial situation.
Please vote Obama out,please.Sure Obama care is paying off ,for his friends only.
Suppose there are 150 million families with health care insurance. Since Barry's "Kill Your Health" scheme was hatched and forced down the throats of every American, their annual insurance premium has gone up by $3,000; $450 Billion.
Barry's "Kill Your Health" scheme still needs to be deep-sixed with a stake driven through it!
Obama Must Go!!!