Gauging the Affordability of Prescription Drugs for Medicare Enrollees and Older Adults

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The patient's share of health care costs, particularly for prescription drugs, is on the rise. Especially vulnerable to high cost-sharing are older adults with significant health care needs. This project will examine the relationship between the health care burden and the household's total financial resources, including assets, focusing on two groups: Medicare beneficiaries and people between the ages of 50 and 64. The analysis, which will be based on data from the National Institute on Aging's Health and Retirement Study, will establish a baseline against which the impact of the Medicare prescription drug benefit can be evaluated. Moreover, the findings will provide a foundation for systematically evaluating how changes in the health care market affect the affordability of prescription medicines and other health care.

Grant Details

Grantee Organization:
Harvard Pilgrim Health Care
Principal Investigator:
Stephen B. Soumerai, Sc.D.
Award Amount:
$211,332.00
Approval Date:
July 11, 2006
Related Topics
Medicare

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