Help Available for Those on a Fixed Income

(NAFB) Despite reports from the Bureau of Labor Statistics saying inflation is lower, those on a fixed income still find it hard to make ends meet. Oklahoma State AARP Director Sean Voskuhl says there’s help available for utilities and health care to nutrition, but you have to know where to look.

Voskuhl says there are several programs designed to help seniors. Utilities and health care costs can pile up quickly, but aid is available.

However, more than three million eligible Americans 65 and over are not enrolled in the program, leaving billions in available benefits unused. Another example is the Supplemental Nutrition Assistance Program, or SNAP. Nearly 26 million adults 50 and older are eligible as of 2018, but 63 percent didn’t take advantage of it. Voskuhl also says there’s a lot of help with the Medicare RX Coverage Program.

In 2025, Medicare beneficiaries will not have to spend more than $2,000 a year on their medications. And between three and four million Part D plan enrollees are estimated to benefit from the new out-of-pocket cap every year between 2025 and 2029.