Report: Medicare costs growing concern for older adults

Report: Medicare costs growing concern for older adults

A CommonWealth Fund report found that older adults with lower incomes and those in minority populations may need more financial and coverage support from Medicare due to high out-of-pocket costs and premiums. The COVID-19 pandemic has led to job losses among older workers, making the out-of-pocket costs for Medicare coverage a bigger concern, especially for beneficiaries who do not have supplemental coverage.

Full Story: Health Payer Intelligence (9/24)