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About 13 Million Americans Skip Drugs Due to Costs Annually-Consumer Health News

About 13 Million Americans Skip Drugs Due to Costs Annually-Consumer Health News

 


Friday, December 3, 2021 (HealthDay News)-A new study shows that approximately 13 million US adults a year skip or postpone prescriptions required for high price tags.

According to a national representative survey of US households, this figure includes more than 2.3 million Medicare recipients and 3.8 million privately-insured working-age adults.

“It’s tragic that millions of people can’t afford the prescription drugs they need, so it’s tragic,” said Catherine Hempstead, senior policy adviser to the Robert Wood Johnson Foundation. study..

“Assuring that prescription drugs are affordable when recovering from COVID-19 and creating a more equitable society must be a policy priority,” Hempstead conducted and published a study. Said in a news release from the Urban Institute.

The study also found that 25% of Medicare beneficiaries and 5% of adults with private insurance spend more than 1% of their family’s income on personal prescription medications.

More than 3% of Medicare beneficiaries and nearly 7% of unmet drug needs spend more than 10% of their family’s income on prescription drugs.

Approximately 1 in 10 adults who are not insured for all or part of the year, compared to 4.9% of Medicare recipients, 3% of adults with private insurance, and 5.6% of non-elderly people with Medicaid. Did not meet the needs of prescription drugs.

The need for unmet prescriptions was highest among women, low-income people, and people with multiple chronic health conditions, the researchers said.

“Policies to lower drug prices, limit out-of-pocket costs, and expand health insurance coverage can help many people get prescription drugs that they can’t currently pay,” he said. Author Michael Carpman, Urban Institute.

For more information

For the cost of prescription drugs, Kaiser Family Foundation..

Source: Urban Institute, News Release, December 2, 2021

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2/ https://consumer.healthday.com/b-12-3-almost-13-million-americans-per-year-skip-meds-due-to-cost-2655910387.html

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