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AARP CEO William D. Novelli Challenges Drug Companies on High Cost of Drugs

This will be a critical year for dealing with all these issues, as well as for enrolling older Americans in the new Medicare discount card and informing the public about enrollment choices to begin in 2006. We will be active in all these areas, and will be working with others to provide consumers with the information and education they need.

All of the items in this letter are important to contain costs. But the most visible signal of your support for America's seniors is to promptly pledge to hold your prescription drug price increases to no more than the rise in inflation. This bold step, coupled with your support for the other initiatives outlined in this letter, will help make a major difference in the affordability of drugs for American consumers. Your efforts have the potential to improve the health and financial security of millions of people.

We are prepared to work with you as we continue to educate and advocate on behalf of our members and all older Americans. We look forward to your response and to next steps in this critical endeavor.

Sincerely,

William D. Novelli

More on AARP, Medicare and Prescription Drug Costs here >>

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