AARP testifies at Executive Budget Hearings
ALBANY, N.Y., Dec. 3 /PRNewswire-USNewswire/ -- AARP recently testified at Governor Spitzer's Executive Budget Hearings held across the state to address three major issues that impact the health care and financial security of millions of New Yorkers: prescription drug marketing reform and affordability, housing foreclosures, and helping caregivers assisting family members.
"These are critical issues that help New Yorkers stay healthy, live independently, and be financially secure," said Lois Aronstein, AARP New York State Director. "Whether a New Yorker is caring for an elderly relative or a grandchild, facing foreclosure, or trying to pay for prescription drugs, Governor Spitzer needs to propose solutions to ease their burden."
AARP requested the Governor consider the following in the Executive Budget for the State Fiscal Year 2008-2009:
Prescription Marketing Reform and Affordability
-- Establish a framework for New York State to "bulk purchase" its prescription drugs to save taxpayers money and use the savings to expand EPIC for those in need;
-- Create an Rx discount card;
-- Require drug companies to disclose gifts provided to doctors encouraging them to prescribe new, high-cost drugs rather than generic or less costly drugs that are equally effective.
Since 1999, the cost of a brand name prescription drugs has risen by 49%. The average price of a brand name drug in 2006 was $111 compared to generic drugs whose average cost was $32. According to the Journal of the American Medical Association, approximately 90% of the pharmaceutical industry's $21 billion marketing budget is spent on influencing physicians.
Long Term Care (LTC) and Kincare
-- Increase funding for adult day care, caregiving and kincare programs to help informal family caregivers;
-- Ensure that the services for frail elderly in nursing home
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