The Affordable Care Act - Stronger Benefits to Seniors, Billions in Savings This Year
The Affordable Care Act - Stronger Benefits to Seniors, Billions in Savings This Year
Posted: 04/29/2012 12:09 pm
Two years ago, President Obama signed the Affordable Care Act. The President's health care law gives hard working, middle-class families security, makes Medicare stronger, and puts more money back in seniors' pockets.
Prior to 2011, people on Medicare faced paying for preventive benefits like cancer screenings and cholesterol checks out of their own pockets. Now, these benefits are offered free of charge to beneficiaries.
Over time, the health reform law also closes the gap in prescription drug coverage, known as the "donut hole." This helps seniors like Helen Rayon: "I am a grandmother who is trying to assist a grandson with his education. I take seven different medications. Getting the donut hole closed, that gives me a little more money in my pocket."
In 2010, those who hit the donut hole received a $250 rebate - with almost 4 million seniors and people with disabilities receiving a collective $1 billion. In 2011, people on Medicare automatically received a 50 percent discount on brand-name drugs in the donut hole. Over 3.6 million beneficiaries received more than $2.1 billion in savings - averaging $604 per person last year.
More:
http://www.huffingtonpost.com/sec-kathleen-sebelius/the-affordable-care-act_b_1462694.html
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