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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
Black U.S. Population:
38.3 million
Top Five Black Cities
- New York
- Chicago
- Detroit
- Philadelphia
- Houston
Top Five Black Metros:
- New York-New Jersey
- Washington-Baltimore
- Chicago-Gary
- Los Angeles
- Philadelphia
Top Five Expenditures:
- Housing 110.2 bil.
- Food 53.8 bil.
- Cars/Trucks 28.7 bil.
- Clothing 22.0 bil.
- Health Care 17.9 bil.
Click here for more stats from "The Buying Power of
Black America."
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NitroMed, NAACP partnership will help
introduction of BiDil
(December 14, 2005)
The National Association for the Advancement of Colored People (NAACP) and
NitroMed, Inc. today announced a strategic alliance to implement measures
to narrow health care disparities that exist between African Americans and
Caucasians in areas of access, affordability, quality, infrastructure and
compliance.
As part of the partnership, NitroMed is providing a three-year $1.5
million grant to establish an organizational infrastructure to allow the
NAACP to develop health advocacy initiatives towards equal access to
quality healthcare.
Bruce S. Gordon, NAACP President and CEO, said, "The NAACP is proud to
partner with NitroMed and is committed to assisting at the grass root and
legislative levels. The availability of new life-saving treatments such as
BiDil, supported by NitroMed's innovative program to make the drug
accessible, is consistent with our guiding principle that affordable
health services without bureaucratic and financial barriers should be
considered a fundamental societal obligation."
The NAACP intends to roll out programs that include: increasing visibility
and awareness in the black community; developing an Advocacy Action Plan
with the NAACP National Health Leadership Committee; implementing a two
day training with the seven regional health care representatives of the
NAACP Health Advocacy Department; rolling out the Plan for the top tier
state and local NAACP chapters and during the 2006 National Leadership
Summit; and developing a consensus paper on the state of African American
health care and the impact of Medicare.
NitroMed is the maker of BiDil (isosorbide dinatrate/ hydralazine HCl), a
prescription medicine approved this year by the Food and Drug
Administration for the treatment of heart failure in black patients as an
adjunct to other standard therapies. Earlier this year, the NAACP issued
an Emergency Resolution encouraging black patients to discuss BiDil and
other treatments with their doctors.
Dr. Michael Loberg, NitroMed Chief Executive Officer, said, "Because the
FDA's approval of BiDil is specifically for the treatment of black heart
failure patients, it is our responsibility to put real resources toward
policies and programs that address health care disparities. At the same
time, together with the NAACP, we are doing our part to remove all
barriers to access of BiDil."
Given the pending implementation of the Medicare Modernization Act, the
NAACP, along with NitroMed, the National Institute of Health and other
partners, is embarking on a significant effort to assist with patient
enrollment in Medicare Part D.
The NAACP and NitroMed partnership includes an initiative to inform
Medicare beneficiaries about prescription medicine coverage options, which
become available January 1, 2006 and to encourage people to enroll early.
The deadline to be eligible by January 1 is December 31, 2005. Medicare
beneficiaries are eligible for drug coverage regardless of income or
health status. Enrollees may choose from an array of plans relative to
types of medicines patients need and pharmacies included as well as
co-pays and deductibles required.
With its commercial launch this summer, NitroMed introduced NitroMed
Cares, a patient assistance program that helps to make BiDil accessible to
all patients who need it, regardless of income level or health insurance
status. Through the program, NitroMed provides BiDil free of charge to
heart failure patients who have no health coverage and whose annual
incomes are up to three times the poverty level according to Federal
guidelines.
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12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
According to the newest edition of “The Buying Power of Black America”
report, African-American households are tightening their belts when it
comes to dining out, expanding their wardrobes, and leisure activities out
of the home. At the same time, they are increasing their spending on home
repairs and remodeling, audio and...
Story and statistics
continued
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