The Numbers On Obamacare Are Out: Women Saved Nearly Half A Billion Dollars On Birth Control
Women saved a whopping $483 million on out-of-pocket costs for their birth control pills in 2013, according to estimations from the IMS Institute on Healthcare Informatics. Thanks to Obamacare, the cost of such contraceptives for US women was "drastically reduced" last year.
Although the health care legislation is currently the subject of a Supreme Court case due to for-profit companies filing that employer-sponsored plans that cover birth control violate their religious beliefs, this new data indicates that many women are benefiting from the more inclusive coverage.
Compared to 2012, an additional 24 million birth control prescriptions were filled without women having to cover an out-of-pocket co-pay.
This means that women, on average, saved an annual $269 on their birth control pills since Obamacare went into effect. With savings so significant, it's no surprise that prescriptions for the pill are up 4.6 from 2012 to 2013.
Hopefully these savings are encouraging more women to practice the safest sex possible.
Although Obamacare is still not fully in effect, by the time it is, an estimated 47 million American women will have access to birth control pills and other preventative health care measures without being charged an additional co-pay fee.