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Prescription Drug Pricing in the 7th Congressional District in Maryland: Drug Companies Profit at the Expense of Older Americans
House Committee on Government Reform
House Committee on Government Reform
Abstract
The House Committee on Government Reform Investigated prescription drug price discrimination in Maryland, particularly impacting seniors. The investigation revealed that individuals paying for their own drugs, including seniors, are charged significantly higher prices compared to large insurance companies, health maintenance organizations, and the federal government. Seniors in Maryland’s 7th Congressional District are found to pay more than twice as much for prescription drugs on average, indicating a substantial and concerning price differential. The discriminatory pricing contributes to the growing challenge of older Americans affording necessary prescription medications, emphasizing the need to address and rectify these pricing practices.
Date
1999-04-21
Document Type
House Minority Staff Report
Serial Number
Document Length
19 pages
Congress
106
Relation
DOI
Keywords
Staff Reports
PAP Major Code
3: Health
PAP Minor Code
335: Prescription Drug Coverage and Costs