A new study found that just 57% of adults are financially literate, with over 40% being unfamiliar with high-yield savings accounts and other saving methods.
5:53 AM MDT May 7, 2024have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday.
Once the fund’s reserves become depleted, Medicare would be able to cover only 89% of costs for patients’ hospital visits, hospice care and nursing home stays or home health care that follow hospital visits. About 71 million people — including retirees, disabled people and children — receive Social Security benefits.
The new report projects that Medicare’s income will be higher than last year’s because the number of covered workers and average wages will be higher. The report also notes that expenses should drop. That’s due mostly to a policy change regarding how Medicare Advantage rates are accounted for and lower-than-expected spending for inpatient hospital and home health agency services.A March 2023 poll by The Associated Press-NORC Center for Public Affairs Research shows that most U.S.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Medicare and Social Security go-broke dates are pushed back in a 'measure of good news'A new study found that just 57% of adults are financially literate, with over 40% being unfamiliar with high-yield savings accounts and other saving methods.
Read more »
'Go Broke' dates for Social Security, Medicare pushed back but still looming, programs warnThe trustees for Social Security and Medicare warn policy changes are needed or else the programs won't be able to pay full benefits to retiring Americans.
Read more »
Social Security, Medicare Go-Broke Dates Pushed BackThe go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday.
Read more »
Medicare and Social Security go-broke dates are pushed back in a 'measure of good news'The go-broke dates for benefit programs Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report
Read more »
Medicare and Social Security go-broke dates are pushed back in a ‘measure of good news’The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and M…
Read more »
Medicare and Social Security go-broke dates are pushed back in a 'measure of good news'The go-broke dates for benefit programs Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report.
Read more »