Facts About Seniors & Medication Compliance
- In 2005, there were 3.8 billion prescriptions dispensed in the United States. IMS Health
- Over the next decade the Federal Government will spend $526 billion on prescription drugs for Medicare Part D. This will be supplemented by an additional $175 billion in co-payments. US GAO
- Seniors represent 13 % of the total population, yet they account for about 42% of all prescription drug spending. Families USA, a Washington based consumer health organization
- The average senior spends approximately $2,000/year on prescription medications. PRIME Institute for Families USA
- Nearly half of all seniors take five or more medications. Kaiser Foundation
- 19% of seniors take nine or more medications. Journal of the American Geriatrics Society
- 37% of all seniors (15 million) need help remembering to take their medications. US National Institute on Aging
- 54 Million Americans are caregivers of chronically and terminally ill people. Caregiver Magazine
- Approximately 60-70 percent of pharmacies revenues come from the sale of prescription medications. Motley Fool Business Column
- 35% of all seniors shop at more than one pharmacy. Kaiser Foundation