apos;s sad to see that the people who need the best insurance care are suffering the worst outcomes. A study done in 1998 shows that eighty eight percent of people over the age of sixty-five have used at least one prescription drug each year (Low-Income). Overall, the elderly spent an average of five hundred thirty seven dollars a person on prescription drugs, compared to one hundred ninety two dollars by those under sixty-five. About sixty-three percent of elderly drug spending came out of pocket, compared to fifty-six percent for younger adults.1 As a result, elderly consumers are spending more money on prescription drugs than necessary. I did an informal interview with my neighbor who is over the age of sixty-five. She says that she pays out almost fifteen hundred dollars a month for prescriptions. This is the minimum cash that she needs to spend to live.2
Every year, more elderly people are undergoing surgery. An acquaintance of mine recently underwent surgery. While looking at her outrageously expensive hospital bill, she realized that the doctors charged her every time they changed their latex gloves. Thinking th
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