Health law delivers $2.1 billion in savings on drugs for seniors

February 2, 2012
Los Angeles Times
By Noam N. Levey

In the first full year of the new healthcare law, 3.6 million people in the government Medicare program saved $2.1 billion on prescription drugs in 2011, the Obama administration announced Thursday.

The savings are one of the first tangible benefits of the sweeping overhaul that the president signed in March 2010.

The law's biggest changes, including the guarantee that all Americans can get health coverage even if they have a preexisting condition, do not go into effect until 2014. Read more


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