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Senior woman grocery shopping

Abstract Cash income offers an incomplete picture of the resources available to finance household consumption.  Most American families are covered by an insurance plan that pays for some or all of the health care they consume.  Only a comparatively small percentage of families pay for the full cost of this insurance out of their cas…

Smiling woman eating green apple.

Abstract High out-of-pocket health care costs may have serious repercussions for older people and their families. If their incomes are not sufficient to cover these expenses, older adults with health problems may have to deplete their savings, turn to family and friends for financial help, or forego necessary care. Or they may be forced to…