Life Health > Health Insurance > Life Insurance Strategies

Kaiser Finds Heavy Cost On Medicare Recipients

Your article was successfully shared with the contacts you provided.

New research by the Kaiser Family Foundation find Medicare beneficiaries’ out-of-pocket health care costs comprise a significant share of their household expenses and consume a growing share of their incomes over time.

Kaiser’s report, “Health Care on a Budget,”finds that in 2006, out-of-pocket health care spending accounted for 14% of all expenditures for Medicare households-less than housing (34%) but about the same as transportation (15%) and food (13.6%).