Obamacare saves seniors billions in drug costs | Arkansas Blog

Tuesday, May 1, 2012

Obamacare saves seniors billions in drug costs

Posted By on Tue, May 1, 2012 at 10:29 AM

Another inconvenient fact about Obamacare:

In the first two years after “Obamacare” was signed, Medicare reforms in the law saved seniors a total of $3.4 billion in prescription drug costs by bridging a coverage gap, according to official figures. Over 220,000 beneficiaries have saved an average of $837 in the first three months of 2012, the Medicare agency said Monday. That’s on top of $3.2 billion in savings enjoyed by some 5.1 million seniors in 2010 and 2011 thanks to the Affordable Care Act, according to the advisory on the new figures.

Arkansas Republican legislators were busily Tweeting last night about "taxpayer-funded welfare," otherwise known as Medicaid. If you call something welfare often enough, it becames a hated thing. The implicit message is that the labor of hard-working Americans is going to undeserving poor people, (a photograph of minority recipients is always useful in the effort). If these insurgents take control, they'll eventually have much explaining to do about their victims — elderly people in nursing home (most of whom spent a lifetime in honest toil), children and working poor.

Farm subsidies, direct subsidies to private business in the name of economic development and the many other handouts and preferences given to the corporate and wealthy classes are never described as "taxpayer-financed welfare" in the trickle-down script. They are, rather, incentives to deserving American job creators. A shared commitment to the very least among us gets the scornful "welfare" tag, quite often from politicians who like to loudly proclaim their religious credentials.

Today's verse: Luke 6:20.

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