Tag: health care costs

Business briefcase, stethoscope and financial market charts

This year I, with my sidekick Michael Wicklein, took a more-careful-than-usual look at the Trustees Report for the Medicare program. After all, Medicare – like Social Security – relies on payroll tax revenues, so it’s useful to understand the competing needs.  Traditional Medicare is composed of two programs.  The first – Part A, Hospital Insuranc…

Elderly woman talking with caring young nurse, receiving home care

Introduction One source of financial risk that older Americans face is high health care expenses. Although the largest share of these expenses is due to predictable insurance premiums, retirees can pay sizable additional out-of-pocket costs as well. Medicare and Medicaid help reduce this risk, but Medicare does not cover every expense… Continue reading How Muc…