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AARP Warns of Soaring Medicare Drug Costs

The Unbearable Weight of Prescription Prices: AARP Sounds Alarm on Medicare Costs The latest report from AARP highlights a stark reality for American seniors: the United States is one of the most expensive places to buy brand name prescription medications, and the gap between domestic prices and those abroad continues to grow.

For the 25 top selling brand name drugs that make up more than $100 billion in annual Medicare spending, U. S.

prices rose an average of 81% after their initial market launch, while falling by 13% on average across 19 comparable countries.

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