Medicare Beneficiaries Saved $5B Under ACA Rx Provision
Last week, HHS announced that since 2010Â 5.8 million Medicare beneficiaries have saved a total of $5 billion under an Affordable Care Act provision that requires drugmakers to provide discounts to those who reach the "doughnut hole" in the prescription drug benefit. According to HHS, the discounts helped beneficiaries save $1.86 billion on prescription drugs in the first 10 months of 2012, compared with $1.51 billion during the same period last year.
- "Medicare Beneficiaries Reach $5 Billion in Drug Savings" (Kennedy, USA Today, 12/3).