Good news for seniors in America! Pharmaceutical companies have agreed to cut the prices of prescription drugs for seniors.
It’s a landmark announcement, that seniors will be able to take advantage of lower prescription drug costs in the near future. The behind story has to do with the Association for the Advancement of Retired Persons (AARP) working a deal with Big Pharma to implement the cuts. What this means for those 65 years of age and older is significant assistance meeting their Medicare prescription drug costs.
This is serendipity as a survey was just released indicating seniors would have to save some serious money in their retirement funds to make all the projected health costs for the future. This news has added a ray of hope by lowering Medicare prescription drug costs for seniors. It couldn’t come at a better time when there are also some significant changes coming to the Medicare and Medigap plans in 2010.