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Special Report - The Retirement Industry - October 11, 2012 |
Newswise
As many as a quarter of Medicare recipients spend more than the total value of their assets on out-of-pocket health care expenses during the last five years of their lives, say researchers at New York-based Mount Sinai School of Medicine.
In addition, they found that 43 percent of Medicare recipients spend more than their total assets minus the value of their primary residences. The findings appear online in a recent issue of the Journal of General Internal Medicine.
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In addition, they found that 43 percent of Medicare recipients spend more than their total assets minus the value of their primary residences. The findings appear online in a recent issue of the Journal of General Internal Medicine.
...
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