Published: February 2011

Oldest and poorest Medicare recipients spend more out-of-pocket, report finds

A new analysis by the American Association of Retired People's (AARP) Public Policy Institute has revealed that Medicare beneficiaries spent a median of $3,103 a year of their own money on health care in 2006. Ten percent of beneficiaries—more than 4 million people—spent more than $8,300 a year. The oldest and poorest beneficiaries spent about one-quarter of their income on health care.

Click here to download AARP's report entitled "Medicare Beneficiaries’ Out-of-Pocket Spending for Health Care"

For More Information

http://www.aarp.org/health/medicare-insurance/info-02-2011/Insight-I48-oop.html

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Insurance   ♦  

 

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insurance, health insurance, health, medicare

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