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Date Created:
June 25, 2008
Category:
Regional, Places & Travel »
States
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AARPMA Offline
AARPMA
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Massachusetts
From the Cape to the Berkshires, this is a group for all AARP members in the Bay State.
  Post to Topic     Print   AARP RX Watchdog
http://www.aarp.org/community/groups/displayTopic.bt?groupId=8832&topicId=1921022
AARPMA said:
on April 24, 2009 11:03 AM ET

 

Do you have a sneaking suspicion that you’re paying way too much for prescription drugs? Well, according to the latest AARP RX Watchdog report you very well may be.
 
The report finds that manufacturer prices for widely used brand name prescription drugs jumped by nearly nine percent in 2008, marking the largest average annual increase in six years and far exceeding the general inflation rate of just 3.8 percent. However, manufacturer prices of widely used generic drugs continued to decrease in 2008, falling by an average of 10.6 percent.
 
Sue Scheible of the Patriot Ledger writes in her “A Good Age blog” that the AARP study should make many seniors sit up and take notice - and call their doctor. After all, switching to generic drugs might be one of the quickest and easiest ways to significantly reduce your health care costs.
 
To find out how AARP Massachusetts members are dealing with the rising costs of prescription drugs click here. For information on finding relief in the current financial crisis click here.
 
Are you overwhelmed by prescription drug costs? Have you been impacted by the changes to the state’s Prescription Advantage Program?
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