CMS: 6.6M Seniors Saved $7B on Drugs

CMS has announced that total Medicare savings on drugs due to the Patient Protection and Affordable Care Act thus far have amounted to $7 billion for 6.6 million people.

Advertisement

The savings come from the PPACA’s improved payment coverage for patients in the Medicare Part D coverage gap, also known as the “doughnut hole.”

Seniors have saved an average of $1,061 dollars each, according to a news release. 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Legal & Regulatory Issues

Advertisement

Comments are closed.