Retiree Health Costs October 30, 2009
Posted by forwardfinancialplanning1 in Health Insurance.add a comment
In a 2008 survey conducted by Medco Health Solutions, one in three retirees stated that they are spending more on medical expenses than they anticipated. The Obama administration recently forecast that they will use millions in planned reductions in Medicare costs to fund universal healthcare. Since Medicare currently provides most of the health care received by retirees, it will be interesting to observe how this “one-in-three” ratio changes in the future.
