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Murray Aitken, vice president of IMS Health, the world's largest source of drug-price and sales data, and MIT professor Ernst Berndt will explain why their research shows that average drug prices for seniors have declined, not increased, by more than 20 percent.
AARP's reports on drug prices invariably conclude that prices are increasing faster than inflation, but after factoring in generic-drug prices, drug costs for the elderly are actually decreasing.
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