The Affordable Care Act (ACA) includes important improvements to Medicare prescription drug coverage (Part D) such as reducing expenses for seniors in the donut hole now and eliminating the gap altogether by 2020. Seniors receive additional savings each year on their prescription drugs until the donut hole is closed. The ACA also provides additional assistance for low-income beneficiaries. Since passage of the ACA in 2010, more than 9.4 million people with Medicare have saved over $15 billion on prescription drugs.
Immediate Help with Drugs Costs in the Donut Hole
Assistance for Low-Income Seniors
Government Relations and Policy, June 2016
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Seniors Dodge Devastation of Balanced Budget Amendment
The Balanced Budget Amendment introduced by House Republicans went down to defeat Thursday night by a vote of 233-184, falling fall short of the 2/3 majority required to advance the measure to the Senate. The amendment’s demise was a relief for our nation’s seniors, because it threatened the earned benefits they have contributed to during their entire working lives.