Obamacare Blamed by Seniors for High Costs, Medicare Changes
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More than half of senior citizens surveyed mistakenly attributed rising costs of their medicines to Obamacare, according to Express Scripts Holding Co., a misunderstanding that is contributing to the law’s unpopularity.
While the Affordable Care Act lowers drug costs for Medicare recipients who fall into a coverage gap and provides certain vaccines and preventative screenings for free, about half of those surveyed are cutting back spending on food, travel and health care in anticipation of higher medical expenses, according to the survey released today by St. Louis-based Express Scripts, the biggest U.S. processor of prescriptions.