New Campaign Focuses on Federal and State Solutions to Cut Drug Prices Now
“Older Montanans are struggling with rising prescription drug prices and cannot afford to wait any longer,” said AARP Montana State Director, Tim Summers. “Year-after-year they have seen prices increase by double-digit percentages – with no end in sight. That is why nearly three-quarters of older Americans say they are concerned about the cost of their medications, making it a priority for policymakers to act on prescription drug prices.”
As part of the campaign, AARP Research conducted a national survey of likely voters ages 50 and older. The survey found that significant majorities of self-identified Republican, Democrat, and independent voters shared concerns about the high price of drugs, and support common-sense policies that will lower prices. Survey findings include:
- 72 percent say they are concerned about the cost of their medications.
- 63 percent say the cost of prescription drugs is unreasonable.
- 90 percent support allowing Medicare to negotiate for lower drug prices.
- 80 percent report taking at least one prescription medication.
- Nearly 40 percent say they did not fill a prescription provided by their doctor with cost being the most common reason.
“AARP believes it is unfair that Americans pay the highest prescription drug prices in the world and that many older Americans have to choose between filling their prescriptions and buying food because they cannot afford both,” continued Summers. “AARP has launched this nationwide prescription drug campaign - at the federal and state level- to stop drug companies from price gouging Americans. We are calling on policymakers to pass commonsense, bipartisan legislation to lower prescription drug prices now.”
The Stop Rx Greed campaign will include national television, radio and digital ads, editorial content, emails to members, social media posts, ongoing advocacy and grassroots activity in D.C. and the states, and a petition calling on Congress and the Administration to take action now. As part of the campaign, AARP will push for support of a number of policy solutions at the national and state level to help lower drug prices, including:
- Allowing Medicare to negotiate for lower prescription drug prices.
- Allowing states to negotiate lower prices with drug companies.
- Giving state Attorneys General authority to crack down on outrageous price increases.
- Clamping down on pay-for-delay and other loopholes that keep lower cost generic drugs off the market.
- Capping consumers’ prescription drug out-of-pocket costs.
For more about Stop Rx Greed, visit www.aarp.org/rx.
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AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org or follow @AARP and @AARPadvocates on social media.