Some Good ACA News

In an article in USA Today
(http://www.usatoday.com/news/washington/story/2011-12-05/Medicare-prescription-drugs-health-care-law/51663580/1?loc=interstitialskip), we get some of the first concrete results pertaining to the Affordable Care Act (which some have derided as “Obamacare”).

One of the worst parts of the previous attempt at reforming Medicare was the “donut hole” for prescriptions. The ACA largely closed this hole.

The closure of the “donut hole” resulted in a savings of $1.5B for prescription drugs. There was no increase in premiums.

So consumers win and insurance companies win and drug makers win. How is this a bad thing?

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