IL Medicare 'Doughnut Hole' Savings Average $636
CHICAGO, IL - Thousands of Illinois residents with high medication costs are seeing some gains from a provision of the Affordable Care Act aimed at shrinking the Medicare drug coverage gap known as the "doughnut hole."
The federal government plans to release data Monday showing more than 26,000 Illinoisans with Medicare coverage saved a total of $16.7 million on prescription drugs in the first five months of 2012. The figures were released early to The Associated Press.
The average savings was $636 per person.
Last year, seniors began receiving discounts when they reached the "doughnut hole," a certain spending level that isn't covered by Medicare.
The government has released a flurry of positive news ahead of a Supreme Court ruling on President Barack Obama's health law, which could come as early as Monday.