Alert
Close

Watch the NASCAR race on Sunday at Texas Motor Speedway. Join the Drive to End Hunger!

HIGHLIGHTS

Open
Grocery Coupons

Grocery Coupons

Members can print free savings coupons

Brain Health Center

Brain Health Center

Learn how to live smart and stay sharp

Amazon Kindle

Amazon Kindle

Members save on e-
readers and tablets

Caring for loved ones?

Caring for loved ones?

Find the resources you need

AARP Endorses Bipartisan Bill to Slow Skyrocketing Drug Prices

FOR IMMEDIATE RELEASE

March 28, 2011

CONTACT

Media Relations

202-434-2560


AARP Endorses Bipartisan Bill to Slow Skyrocketing Drug Prices

Snowe-Stabenow legislation would allow for safe, legal importation of drugs from abroad


WASHINGTON—AARP today announced its endorsement of the Pharmaceutical Market Access and Drug Safety Act (S. 319), a bipartisan bill to allow for the safe and legal importation of lower cost prescription drugs from abroad.  The legislation, co-sponsored by Sens. Olympia Snowe (R-ME) and Debbie Stabenow (D-MI), would give consumers access to safe prescription drugs at lower prices.  In 2009, retail prices for commonly used brand name drugs climbed an average of 8.3 percent, far outpacing general inflation.  Earlier today, AARP’s Public Policy Institute released new research that found even larger price spikes among popular brand name drugs as they neared the end of their patents, which protect them from competition against lower cost generic versions.

“Too many older Americans face the impossible decision of paying their skyrocketing pharmacy bills or buying other necessities,” said AARP Senior Vice President David Sloane.  “Access to lower cost prescription drugs is a top priority for our members.  Safe and legal importation is a needed step—with strong support on both sides of the aisle—to bring down the soaring costs of prescription drugs for every American.”

In a letter to Sens. Snowe and Stabenow, Sloane noted their bill’s critical safety mechanisms, including provisions to prevent counterfeiting and ensure legally imported drugs are properly inspected.  The bill would also empower states to prevent the drug industry from cutting off supplies of lower priced drugs from abroad.  The Congressional Budget Office estimated that similar legislation introduced last Congress would save taxpayers $19.4 billion.

AARP’s latest Rx Price Watch Report, which highlights price increases among drugs losing their patent protection, is available at www.aarp.org/rxpricewatch.

For a complete copy of AARP’s letter to the Senators, please contact AARP Media Relations at 202-434-2560 or media@aarp.org.


AARP is a nonprofit, nonpartisan organization with a membership that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole.  AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates.  We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 35.1 million readers; AARP Bulletin, the go-to news source for AARP's millions of members and Americans 50+; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org.  AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors.  We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.


30 – 30 – 30


Search Press Center

MEDIA CONTACTS

If you are an AARP member and not with the press, call 1-888-OUR-AARP or email member@aarp.org.

 

For media inquiries, please contact the AARP Media Relations Office at (202) 434-2560 or media@aarp.org.

 

Facebook: AARP Media Relations

Twitter: @aarpmedia

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Anna's Linens

Member save 10% every day at Anna's Linens and AnnasLinens.com.

Faanui Bay, as seen from beach on Bora Bora, French Polynesia

Members save up to $525 on vacations at AARP® Travel Center powered by Expedia®

Pepperoni Pizza, Papa Johns Superbowl promotion for AARP members

Members save 25% off regular price menu items at Papa John's

Member Benefits

Join or renew today! Members receive exclusive member benefits & affect social change.