The Affordable Care Act in New Mexico: Saving Seniors Money on Prescription Drugs and Preventive Services

Thanks to the Affordable Care Act, millions of seniors and people with disabilities have access to more affordable prescription medications and free preventive services through Medicare.

Before the Affordable Care Act, Medicare patients had to pay out of pocket for prescription drugs once they hit a certain threshold and before they reached the catastrophic coverage. The Affordable Care Act is closing the “doughnut hole” and ensuring that millions of seniors and people with disabilities have continuous, worry free care.

As a result, nationwide, 7 million seniors and people with disabilities have saved a total of $9 billion on prescription drugs, an average of $1,200 a person. And in 2013, about 25.2 million people with Medicare received at least one preventive service such as an annual wellness visit.

DPNM Chairman Sam Bregman commented: “The Affordable Care Act has saved approximately 16,100 people an average of $825 per person on prescription drugs in 2013. This is in addition to the approximately 147,700 people with Medicare who have already received at least one free preventive service this year. It’s a shame that Republicans have voted to repeal the law and eliminate these policies more than 40 times without taking into account what gutting Obamacare would do to the thousands of Americans already enjoying the benefits of this law.”