Tag: financial
The brief’s key findings are: The Medicare Part D prescription drug program covers a large percentage of the elderly and their prescription costs. Strikingly, as of 2007, about 70 percent of the program’s enrollees already had drug coverage before joining Part D. Similarly, about 75 percent of Part D spending substituted for spending by privat…
The brief’s key findings are: Individuals make the most effective financial decisions in middle age, resulting in lower fees and interest rates on credit and loan transactions. Financial performance declines for older adults, raising a potential concern as the retirement system has shifted more decisions to individuals. A range of policy responses is possible –…
