The AARP sent out this press release today claiming that Obamacare has resulted in big “savings” on prescription drugs for the state’s seniors:
BISMARCK, N.D. – AARP North Dakota Senior State Director Janis Cheney today issued the following statement in response to new data from the U.S. Department of Health and Human Services that shows the impact of key prescription drug affordability provisions in the Affordable Care Act – the new health care law. Specifically, the report found that 10,898 North Dakotans received $250 rebate checks after falling into the Medicare Part D coverage gap, or “doughnut hole,” in 2010. Together they saved $2,724,500 on their prescription drugs. Nationwide, more than 3.7 million people received rebate checks saving them nearly $94 million.
This didn’t quite pass the smell test. Savings? What are they talking about. So I did some quick math.
The alleged $2.7 million in “savings” divided by the 10,898 North Dakota recipients equals…$250. The AARP is calling the checks from the government “savings” for the seniors.
One-time checks. They’re calling it savings. That’s not savings. That’s wealth redistribution.
The folks at AARP must really think we’re stupid. But then, it can’t be easy trying to put lipstick on the Obamacare pig.