Psychiatric Times November 15, 2023
About 1 in 6 of Medicare patients report trouble paying Medicare bills and debt.
A new report from the Commonwealth Fund looked at the financial struggles of Medicare patients 65 years and older, and the results show that many still struggle with costs and coverage.1
Researchers surveyed 1604 adults (65 years and older) who were on Medicare, and the findings illustrate that although many have government-sponsored health care, they can often struggle with obtaining and paying for care. Following are some of the key findings.
- Medicare patients are often in poverty. More than 1 in 3 participants reported incomes below 200% of the federal poverty level ($27,180 for an individual and $36,620 for a couple).
- Many Medicare patients are...
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