3.2 Million Senior Citizens Would Benefit In Various Ways

• Their health insurance premiums would be lowered because Medicare would no longer be overpaying private insurance plans. Presently even the 72% of seniors not taking part in Medicare Advantage are overpaying thanks to high premiums. Most couples pay about $90 extra annually to help fund private plans. The new reform bill cuts such payments.
  
  
• There would be major savings on prescription drug costs. About 565,000 beneficiaries of Medicare in Florida fall into the "doughnut hole" of medical coverage. This can mean on average $4080 in out-of-pocket costs annually. However, the healthcare reform bill would cut this amount by 50%.
  
  
• Free preventative services would be covered. Any recommended preventative testing would be free of charge. Presently a $715 colonoscopy is billed by medical providers to seniors at $16,510. Free wellness visits would also be covered.