20% of Americans 65+ had out-of-pocket health costs exceeding $2,000 last year, the second highest of the 11 countries surveyed, according to a survey of 18,477 adults.
Some people think high health care costs aren’t a problem for Americans 65 and older because Medicare pays all their medical expenses. But a new eye-opening report from the Commonwealth Fund, a nonprofit health care think tank, shows just how wrong that presumption is.
Jacobson noted that the average Medicare recipient makes about $30,000 a year. “So, when you talk about $2,000 or more out of pocket, that’s a significant amount of money,” she said. That $2,000 tab works out to about 7% of their income. What Medicare doesn’t cover Only about a quarter of retirees can cover severe long-term care needs for at least five years and roughly another quarter can’t afford even minimal long-term care needs, a recent report from the Center for Retirement Research at Boston College said. Just 5% of Black and Hispanic retirees have the ability to cover severe long-term care costs, this study also noted.
“In the countries that provide more generous dental care, not too surprisingly, only a small percentage of people skip needed dental care,” Jacobson said. The high costs of delaying health care But, she adds, “it comes down to what are the repercussions down the road of delayed care, delayed diagnoses and worse health outcomes.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Watch Halsey, Lindsey Buckingham Perform 'Darling' on 'SNL'The ‘If I Can’t Have Love, I Want Power’ singer also performed lead single “I Am Not A Woman, I’m A God”
Les mer »
Withybush Hospital visiting ban after Covid cases riseOnly end-of-life and critical care visits will be allowed, says Hywel Dda health board.
Les mer »
Many Latinos living with no health insuranceLatinos have the highest uninsured rates of any race or ethnic group in the U.S., according to Census data. This California group is trying to make a change.
Les mer »
World Mental Health Day Has Huge Implications For Workplace LeadersWhy it's important to emphasize World Mental Health Day to raise awareness of mental health issues in your workplace and mobilize efforts in support of employee mental health.
Les mer »
Medicare Drug-Pricing Debate Pits Savings Against InnovationA proposal to allow Medicare to negotiate for lower prescription-drug prices is central to Democrats’ healthcare, child care, education and climate package.
Les mer »
India will ban single-use plastics next year to cut pollution — experts say that's not enoughIndia is prohibiting single-use plastics from next year to tackle pollution, but environmental experts say the new rules alone won't mitigate the problem.
Les mer »