Retirement Research: A Dozen Facts About Medicare Advantage in 2020

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Retirement Daily

Medicare Advantage enrollment has grown rapidly over the past decade, and Medicare Advantage plans have taken on a larger role in the Medicare program. This Kaiser Family Foundation data analysis provides current information and trends about Medicare Advantage enrollment, premiums, and out-of-pocket limits. It also includes analyses of Medicare Advantage plans’ extra benefits and prior authorization requirements. The analysis also highlights changes pertaining to Medicare Advantage coverage that have occurred in 2020 in response to the COVID-19 crisis. 

Knowing the growing impact of financial exploitation, AARP BankSafe set out to unpack the dynamics surrounding the issue with a close eye on the all-important question of cost — that is, the cost to victims, financial institutions, and government budgets. This resulting report defines financial exploitation, summarizes the methodologies and findings of studies that have examined its costs, and sheds light on what we know about both the victims and perpetrators.

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Retirement Research