"Medicare: Seniors saved $3.7 billion on medicine"By Parija Kavilanz at CNN

[applegrove]

Medicare: Seniors saved $3.7 billion on medicine

By Parija Kavilanz at CNN

http://money.cnn.com/2012/06/25/pf/health-reform-medicare/?iref=NS1

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More than 5.2 million Medicare beneficiaries have saved a total of $3.7 billion on their prescription drugs since the health care reform law went into effect, the Centers for Medicare & Medicaid Services said Monday.

The Affordable Care Act -- also known as health care reform -- which passed in 2010 mandated financial relief for seniors who fall into Medicare's so-called "donut hole."

The Supreme Court is reviewing the constitutionality of the Affordable Care Act, and is expected to issue a ruling this week. The court could uphold the law, overturn it partially or completely strike it down.

The prescription drug coverage gap that develops when Medicare stops paying for drug coverage and patients can't afford to pay for drugs out-of-pocket is called the "donut hole."


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