August 26, 2016

WE'LL REFORM IT, NOT REPEAL IT:

More Americans Can Afford Medications Under Obamacare: Study (Robert Preidt, 8/26/16, HealthDay Reporter)

At the recession's height in 2009, over 25 million Americans said they had not filled a prescription in the previous year because they couldn't afford it, the analysis of federal government data showed. That was nearly one in 10 Americans.

Between 1999 and 2009, every age group except seniors found prescription drugs increasingly difficult to afford. Among seniors, the problem was worst in 2004, when 5.4 percent were unable to afford their medicine. In 2006, once the new Medicare Part D program was in place, that number fell to 3.6 percent, the study found.

The Affordable Care Act, also called Obamacare, was signed into law by President Barack Obama in 2010.

Most groups now have greater ability to afford prescription drugs, the researchers said. For example, the percentage of 19- to 25-year-olds who couldn't afford to fill a prescription fell from nearly 11 percent in 2010 to just over 8 percent in 2011, as the Affordable Care Act let young adults remain on their parents' health insurance.

Posted by at August 26, 2016 10:50 AM

  

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