HHS: Seniors Saved $11.5 billion on Prescription Drugs Since 2010

| Jul-30-14

<p style="margin-left: 0in;">The Department of Health and Human Services announced on Tuesday that more than 8.2 million Medicare beneficiaries have saved over $11.5 billion on prescription drugs since the enactment of the Affordable Care Act in 2010, as a result of discounts in the donut hole and rebates. &nbsp;</p>
<p style="margin-left: 0in;">This news follows the release on Monday of the annual Medicare trustees&rsquo; report, which showed continued low levels of growth in Medicare spending. According to the report, the program&rsquo;s main trust fund has been extended to 2030, up from its projection of 2017 in 2009, and Part B premiums are expected to stay the same rather than increase for the second year in a row.</p>
<p style="margin-left: 0in;">Additionally, a new HHS report found that per capita, Medicare spending growth has averaged two percent over 2009&ndash;2012, and barely grew in 2013.</p>
<p style="margin-left: 0in;">For state-by-state information on discounts on the donut hole, visit the Centers for Medicare &amp; Medicaid Services (CMS) <a href="http://downloads.cms.gov/files/Medicare-Part-D-Donut-Hole-Savings-Summary-2010-June-2014.pdf">website</a>.</p>

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2016-07-06T13:23:27+00:00 Jul-30-14|Categories: Article|Tags: , , , , |