Latest News
Medicare is great for seniors, but it doesn’t stem the growth in out-of-pocket spending.
Forbes contributor Howard Gleckman takes a look at the the estimate that the “typical senior will spend one out of every seven dollars of retirement income on medical care, a 40 percent increase from 2012.” With the increase in out-of-pocket costs have a disproportinate impact on low-income households, the issue presents a challenge for the economy in the years ahead. Read his post here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.