News Headlines Article

Healthcare reform law saves 3.6 million Americans $2.1 billion
Contra Costa Times

In its first year, the Affordable Care Act saved 3.6 million Americans with Medicare $2.1 billion on their prescription drugs, the U.S. Department of Health and Human Services said Wednesday. The act saved 319,429 Californians $171,983,735, or an average of $538, the government said in a statement. The savings were for the number of Medicare recipients who hit the “donut hole,” the gap in coverage on prescription drugs between what Medicare pays and what must be paid out of pocket by Medicare recipients.