The Latest Trends in Income, Assets, and Personal Health Care Spending Among People on Medicare
This slideshow presents the latest data on income, assets, and personal health care spending among people on Medicare.
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This slideshow presents the latest data on income, assets, and personal health care spending among people on Medicare.
Health care costs are a substantial and growing burden for many people on Medicare and are projected to consume a larger share of total income over time, according to a new analysis from the Kaiser Family Foundation.
This analysis of per capita income and assets among older adults in 2019 shows that differences in median per capita income among White, Black, and Hispanic adults ages 65 and older are narrower when comparing people with similar levels of education, although among college graduates, the gap in income continues to be wide between Hispanic and White seniors. The gaps in savings and home equity remain wide, and are particularly striking among seniors with less than a high school education. The patterns are similar for men and women, as well as across different age groups of older adults.
In his new column, KFF President and CEO Drew Altman discusses the pros and cons of labeling socio-economic problems as health issues.
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