New data reveals that many U.S. seniors are skipping or delaying prescription medications due to cost, with the issue most severe among low-income and chronically ill individuals. Click here for article.
Prevalence of Prescription Use: Nearly 89% of Americans aged 65 and older are prescribed medication, with usage increasing with age.
Cost-Related Issues: Approximately 3.6% of seniors did not obtain needed medications, and 3.4% did not follow their prescribed regimen due to cost concerns.
Medicare Coverage Limitations: Medicare Part D provides some prescription coverage, but high premiums and copays still lead to significant out-of-pocket expenses for many seniors.
Disparities in Medication Adherence: Seniors facing food insecurity are over six times more likely to skip or reduce medication due to cost, with chronic conditions like arthritis and diabetes exacerbating the issue.
Comments