Report: Medicare expenses on path to consume entire amount of Social Security checks

09/14/2004 | USA Today

Medicare premiums are taking a bigger bite out of Social Security checks, with the typical 65-year-old expected to spend 37% of their Social Security income on Medicare premiums, co-payments and out-of-pocket expenses by 2006, a new report says. That figure is expected to rise to 40% by 2011, to 50% by 2021, and unless Congress does something about it, the expenses are expected to consume nearly the entire amount of Social Security benefits when children born today reach retirement age.

View Full Article in:

USA Today

Published in Brief:

SmartBrief Job Listings for Health Care

Job Title Company Location
Neurovascular Intervention Product Sales Rep, North East
ASAHI INTECC
Multiple Locations, SL_Multiple Locations
Senior Manager, Compliance
Stryker
Fremont, CA
Director, Office of Device Evaluation
FDA, Center for Devices and Radiological Health
Silver Spring, MD
Director, Office of Compliance
FDA, Center for Devices and Radiological Health
Silver Spring, MD
Food & Drug Associate
Confidential
Washington, D.C., DC