Tag: Medicare
Paying off the mortgage frees up a lot of money for other things. The homeowners in one study splurged on big-ticket items. Older homeowners, however, are adding another priority: medications. After a mortgage payoff, workers and retirees ages 50 to 64 spent 50 percent more on prescription drugs in a comparison with households who had…
The brief’s key findings are: Medicare’s finances have improved over the past decade, but major challenges remain, such as the program’s vulnerability to expensive new drugs. This risk was underscored by the saga of Aduhelm, a costly and controversial new drug for early-stage Alzheimer’s. The immediate risk eased in January when Medicare proposed limiting t…
