The Human Cost of High Prescription Drug Prices
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Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. These three individuals are enrolled in Medicare. But they have all been faced with high prescription drug costs that they say increase without warning and that they struggle to afford. AARP has been fighting to convince Congress to directly with manufacturers, cap annual out-of-pocket costs for medications and penalize drugmakers for increasing prices more than inflation. Polls reveal that the public supports these positions. A 2021 AARP survey of voters age 50 and older found that . And a new Gallup poll found that about 18 million Americans were unable to afford at least one prescription drug. As part of its , AARP has asked older adults to share their prescription drug receipts in an effort to show lawmakers the toll that persistently high prices are taking on them. Here are three stories that illustrate the difficulties individuals face affording their needed medications.
People Share Their Stories The Human Cost of High Prescription Drug Prices
Why AARP keeps fighting to get your medication expenses under control
Courtesy Mike McMichael, Pat Munn, and Vincent Burns In just two years Vincent Burns has spent about $40,000 on life-saving drugs to keep his cancer at bay, draining his savings. Patricia Munn doesn't understand why she's paying so much for the two insulins she takes every day to stay alive. And William "Mike" McMichael has seen the cost of the blood thinner he needs eat up the small pension he gets after being an EMT and volunteer firefighter for more than three decades.Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. These three individuals are enrolled in Medicare. But they have all been faced with high prescription drug costs that they say increase without warning and that they struggle to afford. AARP has been fighting to convince Congress to directly with manufacturers, cap annual out-of-pocket costs for medications and penalize drugmakers for increasing prices more than inflation. Polls reveal that the public supports these positions. A 2021 AARP survey of voters age 50 and older found that . And a new Gallup poll found that about 18 million Americans were unable to afford at least one prescription drug. As part of its , AARP has asked older adults to share their prescription drug receipts in an effort to show lawmakers the toll that persistently high prices are taking on them. Here are three stories that illustrate the difficulties individuals face affording their needed medications.