On Thursday, December 12, the Alliance for Aging Research submitted a letter to Congress concerning its efforts to address the rising cost of healthcare for America’s older adults, starting with reducing out-of-pocket costs for prescription medication. A significant number of older adults face extraordinarily out-of-pocket costs for their prescription medication, and sometimes forego their prescribed medicines because of cost concerns. We encourage you to read some of the Alliance’s work to quantify the scope of this problem here. The letter outlines proposals that we believe will help older adults better afford their medications, proposals we believe will negatively impact older adults, and provisions that should be included in a final prescription drug bill moving forward.
About the Alliance for Aging Research:
The Alliance for Aging Research is the leading nonprofit organization dedicated to accelerating the pace of scientific discoveries and their application to vastly improve the universal human experience of aging and health. The Alliance was founded in 1986 in Washington, D.C., and has since become a valued advocacy organization and a respected influential voice with policymakers. For more information, please visit www.agingresearch.org.
Lauren Smith Dyer
Vice President of Communications