More Than 1/3 of People with Traditional Medicare Spent at Least 20% of Their Total Income on Health Care in 2013

…In this report, we assess the current and projected out-of-pocket health care spending burden among Medicare beneficiaries using two approaches. First, we analyze average total per capita out-of-pocket health care spending as a share of average per capita Social Security income, building upon the analysis conducted annually by the Medicare Trustees. Second, we estimate the medianContinue reading More Than 1/3 of People with Traditional Medicare Spent at Least 20% of Their Total Income on Health Care in 2013