Tag: Medicare
Even the best-laid plans can go awry. Retirees face the risk of a large healthcare spending shock for medical or long-term care (LTC) either because their health insurance involves significant cost sharing or because they lack insurance entirely in the case of LTC…
Medicare accounts for more than 10 percent of federal spending. Medicaid, which covers 90 million low-income workers and disabled people, has the largest enrollment of any government insurance program. The conventional wisdom on these major programs is that Medicaid, which pays less for physicians’ services, provides lower-quality medical care than Medicare. But research is scant…
