Happy Birthday, Affordable Care Act!

Thursday, March 22, 2012

Tomorrow is the two-year anniversary of the Affordable Care Act (ACA). Thanks to the Affordable Care Act, consumers have seen these benefits:

• 86 million Americans, including both seniors in Medicare and Americans under age 65 in private plans, have received one or more free preventive services, such as check-ups and cancer screenings.
• 105 million Americans have had a lifetime limit on their coverage eliminated.
• 17 million children who have pre-existing conditions can no longer be denied coverage by insurers.
• 2.5 million additional young adults up to age 26 now have health insurance.
• 3.6 million seniors in the ‘donut hole’ have received savings on their prescription drugs.
• $2.1 billion is the amount that seniors in the ‘donut hole’ have saved on their prescription drugs, or an average of $604 per senior.
• 2.3 million seniors have taken advantage of a free Annual Wellness Visit under Medicare.
• 360,000 small employers have used the Small Business Health Care Tax Credit to help them afford health insurance for 2 million workers in 2011.

Source: FamiliesUSA