HHS Report: Medicare Prescription Drug Savings Hit $5.7B

WASHINGTON — Seniors have saved about $5.7 billion on prescription drugs since January 2011 because of provisions in the 2010 health care law meant to close the Medicare "doughnut hole," the government plans to announce today.

"This discount has led more people to be able to afford their medication, which keeps them healthier and can help bring down costs in the long run," said Jon Blum, director of the Center for Medicare, part of the Centers for Medicare and Medicaid Services (CMS).

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Source: USA Today