Adults in the U.S. are more worried than ever about whether Medicare and Social Security benefits will be available when they need them, according to a Gallup poll released last month.
Adults in the U.S. are more worried than ever about whether Medicare and Social Security benefits will be available when they need them. In response to a Gallup poll released in June, 75% of adults age 65 and younger said they are 'worried' or 'extremely worried' about lack of Medicare availability, according to a press release. When it comes to Social Security benefits, 80% of survey respondents said the same.
Both of those percentages have increased since the last poll in 2022. The data came from the West Health-Gallup 2024 Survey on Aging in America, which polled 5,149 adults 18 and older between November 2023 and January 2024.
Among increasing concerns over health care affordability and the future of Medicare and Social Security, Lash said, 'Americans need to look at who is going to rein in the high cost of health care and protect and strengthen safety net programs for future seniors.' As the aging population continues to grow, Lash emphasized the importance of addressing their needs and challenges.
We are anticipating unprecedented volatility in the Medicare Advantage marketplace due to continued financial pressures within the entire health care industry, regulatory changes, and the inevitable sticker shock that consumers will see when their plan notices of change arrive in the mail come September’s annual enrollment period,' she said.
To help avoid cost increases or loss of certain benefits in 2025, Stidom encourages seniors to review their Plan Notice of Change letters carefully as soon as they arrive — and to go over their options with a trusted, licensed adviser. 'Don’t wait until the last minute to make selections for next year,' she added. For more Health articles, visit www.
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