AARP Executive Vice President and Chief Advocacy & Engagement Officer Nancy LeaMond issued the following statement in response to the announcement to take federal action to reduce the high prices of prescription drugs in an Executive Order released by the White House today:

A new AARP survey released today shows that more than half (58%) of adults 50 and older are concerned they will not be able to afford prescription drugs over the next few years for themselves or their families.

AARP’s “99 Great Ways to Save” is back with a brand-new roundup of savings advice for a vastly changed post-pandemic retail marketplace. This year’s curated list offers money-saving tips that blend old-fashioned clever frugality with the latest tools and resources for saving thousands of dollars each year in this new world of shopping.

New research from AARP shows that nearly 8 in 10 of those caring for an adult family member (78%) are facing regular out-of-pocket costs, with the highest burden falling on younger caregivers and those who are Hispanic/Latino or African American.