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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: J.B.C. who wrote (159140)7/9/2001 9:18:10 AM
From: ColtonGang  Read Replies (4) | Respond to of 769670
 
Wait til you get old and have to pay 100 dollars for a month of pills.........the elderly cannot afford those exorbitant prices. Where's your sympathy?



To: J.B.C. who wrote (159140)7/9/2001 9:20:13 AM
From: ColtonGang  Respond to of 769670
 
Drug costs for elderly outpace inflation, group says


(CNN) -- Drug costs for the elderly increased last year at four times the rate of inflation, according to a new report by Families USA, an advocacy group that wants lawmakers to add drug benefits to Medicare.

The study examined price changes for the 50 drugs most commonly prescribed to the elderly. They found prices had risen 6.6 percent in 1998, more than four times higher than the 1.6 percent overall inflation rate for the year.

Between January 1994 and January 1999 prices for the same prescriptions rose 25.2 percent, which is nearly twice the 12.8 percent overall inflation rate for the same five-year period, according to the report.

"As these price increases occur, more and more seniors are being priced out of the prescriptions they need to maintain their health and their lives," said Families USA Executive Director Ron Pollack.