On the recordJuly 23, 2025
The AARP, the American Association of Retired Persons. They represent American seniors, and they endorse the Grassley-Durbin bill. They believe that seniors can understand completely how much the cost of the drug is even if it can be discounted under the insurance coverage of your policy as well. The list price is the proper method of disclosure because the drug companies create the list price. We are not imposing a price on them; it is a price they have to publish. It is an objective, factual figure. Many patients do indeed pay this price when they don't have copays. Let me say a word about what it means in the real world. In 2022, 19,000 seniors in the State of Idaho paid an average of $570 out of pocket on a drug known as Eliquis--a pretty well-known drug. Another 6,000 seniors in Idaho paid on average $607 out of pocket for Xarelto-- the one that is impossible to explain. Both of these blood thinners are among the most heavily advertised medications.
Source
govinfo.gov




