Tag: Medical supplemental plan
Most retirees manage to get by on less than they earned as workers. Yet they devote a much larger percentage of their income to medical care than working people. To limit their annual spending on care, retirees usually buy some type of insurance policy to help pay the bills Medicare does not cover. But a…
Abstract Older Americans, although covered by Medicare, bear a large economic burden of medical expenses in the form of premiums for Medicare and supplemental plans, as well as the cost of uncovered or under-covered medical services. This study compares the patterns of this economic burden in 2010 with the baseline year of 2005. The period…
