2024 Financial Well-being of Medicare Beneficiaries PUF

Provides an overview of income, asset ownership, medical debt, food insecurity, and access to transportation among Medicare beneficiaries. The dataset aggregates information by demographics, presence of chronic conditions, and health status and includes expanded data on labor force participation, income sources, and asset ownership, as well as new data on credit card and medical debt.

Among Medicare beneficiaries living in the community in 2024:

• 7% worked full-time.
• Median combined income was $53,918.
• 16% had medical debt and 27% had credit card debt.
• 73% owned their homes; median home equity being $299,550.
• For prior year estimates, see the 2023 Financial Well-being of Medicare Beneficiaries PUF or visit the MCBS website for additional historical data.