AARP is fighting to make prescription drugs more affordable for New Jerseyans and all Americans. On March 12 th AARP launched the Stop Rx Greed campaign, a nationwide effort aimed at lowering prescription drug prices. It is unfair that Americans pay the highest prescription drug prices in the world. AARP is calling on the President, Congress and the NJ Legislature to cut drug prices now.
Seniors all over the country are being forced to make tough decisions about affording their prescription drugs. It’s wrong that many seniors must choose between filling a prescription or buying groceries. Below is Lilyan’s story from New Jersey about how the high cost of prescription drugs has affected her:
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AARP is urging our Congressional representatives to seek commonsense solutions to lower the high cost of prescription drugs. These common sense solutions include:
Medicare spends more than $129 billion each year on prescription drugs, but is prohibited by law from negotiating lower prices with drug companies. U.S. consumers often pay more than twice as much for the same brand name drugs as patients in similar countries. One in ten Medicare Part D enrollees with high out-of-pocket costs spends at least $5,200 a year on their medicines.
Meanwhile, brand name drug companies are slowing the availability of lower priced versions of their medications by entering into “pay for delay” agreements with generic drug companies. AARP urges Congress to stop these harmful practices by passing the CREATES Act (H.R. 965/S. 340) and (H.R. 1499/S. 64) to ban pay for delay deals.
Find out more at: www.aarp.org/rx
This story is provided by AARP New Jersey. Visit the AARP New Jersey page for more news, events, and programs affecting retirement, health care, and more.
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