SCHATZ ANNOUNCES AFFORDABLE CARE ACT HAS HELPED HAWAII SENIORS SAVE MORE THAN $35 MILLION
Health Care Law Has Already Helped More than 15,000 Seniors in Hawaii Save an Average of $921 Each
News Release from Office of Senator Brian Schatz November 26, 2013
Honolulu, HI – Today, U.S. Senator Brian Schatz (D-Hawai‘i) announced that 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,” said Senator Brian Schatz. “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 new 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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