Research Report Will Health Care Costs Erode Retirement Security?
Richard W. Johnson, Rudolph G. Penner
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The Medicare trustees predict that health care costs will rise steadily over the next 30 years, threatening the solvency of the program and the retirement security of older Americans. The projections in this report show that if current policies continue, income after taxes and health care spending for the typical older married couple will be no higher in 2030 than it was in 2000, despite 30 years of productivity growth. The increased health care burden will be particularly painful for those at the lower end of the income distribution who do not qualify for Medicaid.
Research Areas Health and health care Aging and retirement
Tags Economic well-being Medicare Medicare and private health insurance Long-term services and support Retirement policy
Policy Centers Income and Benefits Policy Center