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.
You can read the letter here.
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 believes advances in research help people live longer, happier, more productive lives and reduce healthcare costs over the long term. For more than 30 years, the Alliance has guided efforts to substantially increase funding and focus for aging at the National Institutes of Health and Food and Drug Administration; built influential coalitions to guide groundbreaking regulatory improvements for age-related diseases; and created award-winning, high-impact educational materials to improve the health and well-being of older adults and their family caregivers. For more information, visit www.agingresearch.org