Brief Rising Health Care Costs Lead Workers to Delay Retirement
Richard W. Johnson, Rudolph G. Penner, Desmond Toohey
Display Date
File
File
Download
(45.29 KB)

Add Urban on Google
Older men who expect high health care costs for themselves or their spouses after age 65 retire about 13 months later than those who expect low costs. The difference for women is 12 months. For those receiving health insurance from their employers, continued work reduces the risk of high out-of-pocket health care costs. Working longer also increases retirement incomes, making health care costs more affordable.
Research and Evidence Health Policy Tax and Income Supports
Expertise Health Care Coverage, Costs, and Access Aging, Medicare, and Long-Term Care Aging and Retirement
Tags Health insurance Pensions Medicare Medicare and private health insurance Retirement policy Dynamic Simulation of Income Model 4 (DYNASIM4)