The Affordable Care Act Helps Seniors
President Obama believes affordable health care you can rely on is part of the middle class bargain whether you’re working or retired. The Affordable Care Act strengthens and protects Medicare for seniors who have earned and paid for the guaranteed coverage it provides. Nearly 50 million older Americans and Americans with disabilities rely on Medicare each year, and the new health care law makes Medicare stronger by adding new benefits, fighting fraud, and improving care for patients. The life of the Medicare Trust Fund will be extended to at least 2024 as a result of reducing waste, fraud, and abuse, and slowing cost growth in Medicare. And, over the next ten years, the law will save the average person in Medicare $4,200. People with Medicare who have the prescription drug costs that hit the so-called donut hole will save an average of over $16,000.
Health reform is already making a difference by: