Rising health care costs pose a significant threat to boomers’ retirement security. Although
Medicare covers nearly all adults age 65 and older, premiums, deductibles, copays, and holes in
the benefit package leave many older Americans with substantial out-of-pocket expenses. Unless
health care practices or public policy change, seniors’ out-of-pocket spending will likely grow in
coming years as health care costs continue to increase.
This report from the Urban Institute, Washington, examines the likely financial burden of health care costs for baby boomers as
they age.
http://www.urban.org/UploadedPDF/412026_health_care_costs.pdf