ORLANDO, Fla. — One in 10 older adults has to choose between paying for their medication and paying for their food.
WATCH: Troopers search for hit-and-run driver who killed bicyclist in Orange County
The National Council on Aging said it’s a problem that’s only gotten worse with inflation.
>>> STREAM CHANNEL 9 EYEWITNESS NEWS LIVE <<<
Experts said seniors are especially vulnerable to rising costs, because many of them are on a fixed income.
The new Inflation Reduction Act could provide some relief.
WATCH: Boy’s leg amputated after surviving shark attack while snorkeling in Florida Keys
Starting next year, Medicare recipients will see free vaccines and capped insulin costs.
Annual out-of-pocket drug costs will also be capped at $2,000 by 2025.
WATCH: Central Florida schools work to fill pandemic learning gap
“There are some real substantial improvements for Medicare beneficiaries, and they’re gonna see actual dollars in their pocket,” said Josh Hodges, chief customer officer for National Council on Aging.
As seniors wait on these changes to take effect, the National Council on Aging says older adults should explore other benefits.
Click here to download the free WFTV news and weather apps, and click here to watch the latest news on your Smart TV.
©2022 Cox Media Group
