Medicare Prescription Drug Premiums Cost Less in 2012
Medicare part D drug plan premiums have not increased reported by the Health and Human Services.
The average cost of prescription drug premiums for seniors on Medicare will not increase in 2012.
Overall, people with Medicare are receiving discounts on prescription drug cost and no-cost for preventative wellness services.
The Affordable Health Care Act provided free preventive services to 17.3 million people and 900,000 Medicare beneficiaries who were in the “doughnut hole" received 50 percent discounts in their prescriptions of brand name drugs. Overall, this year prescription premiums remained low.
“The Affordable Care Act is delivering on its promise of better health care for people with Medicare,” said HHS Secretary Kathleen Sebelius.
More than a Million Americans took advantage of the Annual Wellness visit- a free preventative service. The overall savings on drug cost for Medicare beneficiaries have risen to 461 million.
It is predicted that the average cost of Medicare Part D premium in 2012 would be $30.00, down $0.76 cents from the previous year.
“These are important steps that are making a difference in the lives of millions of Americans right now,” says Sebelius.
