The financial burden of prescription drug use among elderly persons

Jeannette Rogowski, Lee A. Lillard, Raynard Kington

Research output: Contribution to journalArticlepeer-review

68 Scopus citations

Abstract

Expenditures for prescription drugs are not covered by Medicare and are thus a potential source of large out-of-pocket expenditures for elderly persons. This study, using a new data source, the 1990 Elderly Health Supplement to the Panel Study of Income Dynamics (PSID), demonstrates that, among elderly persons, insurance coverage for drugs reduces the fraction of household income spent on prescription drugs by 50 percent. Groups most likely to benefit from insurance coverage are elderly women and those with common chronic conditions, low incomes, and rural residences.

Original languageEnglish (US)
Pages (from-to)475-482
Number of pages8
JournalGerontologist
Volume37
Issue number4
DOIs
StatePublished - 1997

All Science Journal Classification (ASJC) codes

  • Gerontology
  • Geriatrics and Gerontology

Fingerprint Dive into the research topics of 'The financial burden of prescription drug use among elderly persons'. Together they form a unique fingerprint.

Cite this