The $21.60 increase in 2022 is the largest in dollar terms since the start of the program, even though premiums have risen faster in percentage terms on three other occasions in the last 20 years
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About 7 in 10 beneficiaries say they did not compare plans during a recent open enrollment period, and some groups were even less likely to do so. Those groups include some who could be most affected by plan changes from year to year.
Half of Older Adults in Worse Health Have Reported Anxiety or Depression During the Coronavirus Pandemic
Older adults who are already suffering from worse health conditions and heightened risk during the pandemic are combating the additional challenge of anxiety and depression at higher rates. Learn more in this Chart of the Week.
In 2019, median savings among adults ages 65 and older were substantially lower for Black and Hispanic than White seniors. Approximately 1 in 4 Black and Hispanic seniors had no savings at all. Learn more in this Chart of the Week.
Long-Term Care Facility Costs Are the Largest Share of Annual Out-of-Pocket Spending by Medicare Beneficiaries
Long term care facility costs are the largest share of annual out of pocket spending by Medicare beneficiaries — representing 32% of their spending on services annually.