Key provision in the Senate Democrats’ budget reconciliation bill that caps out-of-pocket spending on prescription drugs for Medicare recipients at $2K per year could be a lifeline for millions of older adults struggling to pay for heart medications.
that found 1 in 8 Americans who suffer from heart disease can’t afford their heart medications. The study used National Health Interview Survey data from 2013 through 2017.
Dr. Mark Fendrick, a professor of health management and policy at the School of Public Health at the University of Michigan, agreed that financial strain is especially common for people who take heart medications. That’s the case for Jackie Trapp of Muskego, Wisconsin, who is at high risk for blood clots due to her multiple myeloma diagnosis. Trapp is part of Patients for Affordable Drugs, a non-profi that advocates for lower drug costs.Trapp, 57, takes Xarelto, a blood thinner medication that, with Medicare, has an out-of-pocket cost of around $90 for a 90-day supply. That would be manageable, she said, if not for the added cost of her cancer drugs which exceeds $10,000 a year.
Making difficult financial decisions is not uncommon, Fendrick said. “Oftentimes they have to choose between filling their prescriptions or paying their rent or eating healthy or buying gasoline.”
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