Healthcare Innovation October 29, 2024
Annals of Internal Medicine study of Medicare beneficiaries with modest incomes found that up to half of them may not have sufficient funds to cover out-of-pocket costs associated with a single hospital stay
A study of Medicare beneficiaries with modest incomes found that up to half of them may not have sufficient funds to cover out-of-pocket costs associated with a single hospital stay.
This financial precarity was more prevalent among Black and Hispanic beneficiaries, beneficiaries with lower levels of education, and those with multiple chronic conditions. The findings are published in Annals of Internal Medicine.
Researchers from the University of Pennsylvania Perelman School of Medicine used data from the 2018 wave of the Health and Retirement Study (HRS) to...