By Mel Fabrikant Saturday, November 30, 2013, 04:07 PM EST
In total, Seniors in Puerto Rico saved $184,956,395 on their prescription drug costs since Affordable Care Act was enacted
- Seniors and people with disabilities with Medicare prescription drug plan coverage saved $8.9 billion to date on their prescription drugs thanks to the Affordable Care Act, according to new data released today by the Centers for Medicare & Medicaid Services (CMS). In Puerto Rico, 62,754 seniors and people with disabilities saved $43,422,633, or an average of $692 per beneficiary, during the first 10 months of 2013. Overall, seniors in Puerto Rico have saved $184,956,395 since passage of the Affordable Care Act. At the same time, these seniors will be free to use more of their Social Security benefit cost of living adjustment on what they choose because the Medicare Part B premium will not increase in 2014, thanks to the health care law’s successful efforts to keep cost growth low.