Although many seniors are happy with the generous drug coverage they have from their former employers, the number of companies offering that kind of coverage has decreased by one-third since the mid-1980s.
Today, its expensive prescription medications burdening seniors on fixed incomes with thousands of dollars in yearly out-of-pocket costs.
Low-income seniors who choose to enroll in a drug discount plan will receive $600 of Federal assistance in 2004 and 2005 to further defray the costs of their medications.
It is vital that we communicate to seniors their options regarding prescription drug assistance.
Long gone are the days when hospital stays and surgeries made up the bulk of seniors annual medical expenses.