Friday, October 25, 2024
Prescription Drugs & Seniors
The CDC’s National Center for Health Statistics reported in their 2021-2022 National Health Interview Survey that an estimated 89 percent of adults over 65 were taking prescription drugs to manage chronic conditions such as heart disease, arthritis, high blood pressure and diabetes. They also found some of those seniors were having a hard time paying for prescribed drugs.
The survey showed 4 percent of older adults who were prescribed medication did not take it due to cost; and the expense prevented another 3.4 percent of adults from taking their medications per doctors’ orders. More recently, a 2023 survey from the journal JAMA, reports 1 in 5 older adults were not taking prescribed medications due to cost. Also a 2024 AARP survey found “nearly half of adults age 50-plus have skipped filling their prescriptions — or know someone who has — due to cost.”
Many of those not taking their prescribed medications or taking less of the amount prescribed are dealing with several chronic conditions. Some report having no drug insurance coverage; and the problem is reflected in the fact that statistics show the majority of adults age 50 and above are paying out of pocket for prescriptions drugs.
Thankfully over the last few years there have been a number of steps taken to at least make things easier for seniors on Medicare. Insulin copays were capped at $35 for a month’s supply; and many vaccines including shingles and RSV are free to Medicare enrollees. Next year everyone with a Medicare prescription drug plan will have co-pays capped at $2,000 annually. Another plan called “Extra Help,” targeted toward low-income seniors, will expand eligibility requirements in an effort to help those seniors having trouble paying for necessary medications.
MorningStar of Arvada’s senior living provides an environment that allows residents to safely and comfortably age in place. Our community offers independent living, assisted living and memory care Arvada, CO seniors can rely on with extensive services, amenities and wellness programs and activities. Contact us to set up an in-person tour.
Sources: aarp.org/health/drugs-supplements/info-2024/more-older-adults-need-prescriptions.html
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