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Affordable Care Act helped seniors save more than $35M

MEDIA RELEASE

U.S. Sen. Brian Schatz has announced the Affordable Care Act has helped 15,318 seniors in Hawaii save a total of $35,300,393 on their prescription drug costs so far this year.

“The Affordable Care Act is saving Hawaii’s seniors real money on their prescription drugs,” Schatz said. “The implementation of the law needs to be improved, but this is good policy that is helping seniors and we can’t go back to a time when seniors were choosing between food and prescriptions. We need to all work together to make sure the law works and keeps delivering benefits to seniors and people across Hawaii.”

The data, released by the Centers for Medicare and Medicaid Services, reveals that beneficiaries have saved an average of $921 each – equivalent to the national cost of approximately four months’ worth of groceries for Americans 71 and older.

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Jul 28, 2017 / 12:50 pm

 

 

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