Satisfied With Medicare but Different Worries

[somarco]

Medicare Advantage enrollment as a share of the eligible Medicare population has more than doubled from 2007 to 2022 (19% to 48%).


Medicare Advantage in 2022: Enrollment Update and Key Trends | KFF

52% of Medicare Advantage enrollees
cannot afford any monthly premium at all; an additional 18%
can afford no more than $25 per month*.

The above comes from the actual report linked in the Becker article.

Also, from the same report . . .

52% say they can only afford
Medicare coverage that comes
without a monthly premium.
• 18% can afford a monthly
premium of $25 or less.


Out-of-pocket costs higher than
$1,000 are unaffordable for
65% of Medicare Advantage
enrollees
• 36% of Medicare Advantage
enrollees say they can afford no
more than $250 in out-of-pocket costs in case of a
medical emergency.
• 14% can afford $250 to $500.
• 15% can afford $500 to
$1,000.
• Only 36% can afford out-of-pocket costs of $1,000 or more.

MAPD may be preferred but wouldn't you agree it is a short-sighted purchase if the policyholder cannot afford to pay for their care.

 

[LarryG]

Post-pandemic hospital care now going remote!!

https://pofsnow.blogspot.com

 

[somarco]

Post-pandemic hospital care now going remote!!

https://pofsnow.blogspot.com

This blog is open to invited readers only
http://pofsnow.blogspot.com/
It doesn't look like you have been invited to read this blog.

 

[LarryG]

Thanks for letting me know!!