Happy Birthday Health Law: People on Medicare saving over $3 billion

More good news during this week of the second anniversary of the new health law, the Affordable Care Act.  Substantial drug discounts mean that people on Medicare have saved over $3.2 billion in drug costs over the last two years.  And this amount will only increase – already in the first two months of 2012, seniors and people with disabilities have saved $93 million in drug costs.

5 Comments

  1. Frank Burns

    March 21, 2012 at 1:53 pm

    I do find it curious that Obama is strangely silent on this anniversary. Could it be because the CBO has determined the cost to double what Obama said it was going to be? He’s gone into hiding or something.

  2. gregflynn

    March 21, 2012 at 2:20 pm

  3. Single Payer Action

    March 21, 2012 at 4:54 pm

    “Mark Bertolini, CEO and Chairman of Aetna Insurance, announced that the end is near for profit driven health insurance companies. “The system doesn’t work, it’s broke today. The end of insurance companies, the way we’ve run the business in the past, is here.”

    In highlighting the reasons for his bold statement, Bertolini called out the ban on medical underwriting propounded by the Affordable Care Act, which Bertolini believes has made the traditional health insurance business model untenable in the long term, while also giving an ‘honorable mention’ to the MLR requirements.”

  4. What The Hell Is An ACO?

    March 21, 2012 at 4:59 pm

  5. Alex

    March 23, 2012 at 8:03 am

    It’s funny to me that Democrats have criticized Bush for years for putting in Part D Prescription Drug coverage because it was unfunded. Now , they add “donut” coverage which is also unfunded on to the ACA mix as a little carrot to win over the seniors. Then they proceed to drop the yield on senior savings accounts to essentially zero which penalizes seniors to the tune of $150 Billion, and hope they don’t realize they have been taken. These Democrats have no principles whatsoever