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The financial burden of prescription drug use among elderly persons
Author(s)Jeannette Rogowski, Lee A Lillard, Raynard Kington
Journal titleThe Gerontologist, vol 37, no 4, August 1997
Pagespp 475-482
KeywordsPrescription charges ; Drugs ; Insurance ; United States of America.
AnnotationExpenditures for prescription drugs are not covered by Medicare in the United States (US), and are therefore a potential source of large out-of-pocket expenditures for older people. This study, using a new data source, the 1990 Elderly Health Supplement to the Panel Study of Income Dynamics (PSID), demonstrates that among older persons, insurance coverage for drugs reduces the fraction of household income spent on prescription drugs by 50%. Groups most likely to benefit from insurance coverage are older women and those with common chronic conditions, low income, and those in rural areas. (AKM).
Accession NumberCPA-980605406 A
ClassmarkJ9: LLD: WP: 7T

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