Healthcare Law Saves Medicare Recipients $3.5 Billion in Prescription Drugs

According to data released by CMS, the new healthcare law (the Affordable Care Act) saved seniors and people with disabilities $3.5 billion on prescription drugs since 2010. In the first four months of 2012 alone, more than 416,000 people saved an average of $724 on prescriptions drugs purchased after they hit the "donut hole," or prescription drug coverage gap.

Additionally, from January through April, 12.1 people in traditional Medicare received at least one preventive service at no cost.

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