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Health law changes may save seniors billions

Under the new Affordable Care Act, seniors and people with disabilities in Medicare have so far saved a total of $3.5 billion on prescription drugs in the Medicare drug benefit coverage gap or “donut hole.” The Centers for Medicare & Medicaid Services (CMS) released data last week showing that in the first four months of 2012 alone more than 416,000 people saved an average of $724 each on the prescription drugs they purchased after they hit the prescription drug coverage gap or “donut hole.”

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