Archive: Matthew S. Rutledge
At a time when affordability is the political watchword, the burden of out-of-pocket (OOP) health spending is a key measure of retirement well-being. OOP costs include all premiums and cost sharing related to Medicare and supplemental plans, and the full cost of services not covered by these plans…
The brief’s key findings are: Even with Medicare coverage and ignoring long term care, retirees face sizable out-of-pocket costs for premiums, copays, and uncovered services. One way to gauge this burden is to look at how much these medical costs eat into their Social Security benefits and other income. After subtracting these costs, the typica…
