Spending on birth control has significantly decreased since the Affordable Care Act's mandate for insurance companies to cover contraception went into effect in August of 2012, according to a new report.
An analysis published Tuesday in Health Affairs shows that women have saved $1.4 billion on birth control pills, while out-of-pocket spending on intrauterine devices has fallen 68 percent. Annual out-of-pocket savings were $248 for IUDs and $255 annually for oral contraceptives.