Health Costs On The Rise; A Worry For People Near Retirement
A new report from S&P Indices finds that the average costs of health care services covered by commercial insurance and Medicare reflects an annual increase of 5.11 percent for the year ending in October.
Marketwatch: Average Cost Of Health Care Services On The Rise
The average cost of health care services covered by commercial insurance and Medicare appears to be on the rise, according to a report from S&P Indices. Over the year ended October, the S&P Healthcare Economic Composite index recorded a 5.11% annual increase, marking a significant rise over the 4.74% annual growth rate posted in September (Lamar, 12/15).
Kaiser Health News: Capsules: Health Costs A Key Worry For Those Nearing Retirement
Americans express changing expectations toward retirement, with near-retirees feeling significantly more anxious than those who’ve already left the workforce about whether their income and savings will support them into their golden years. Those approaching retirement feel most concerned about whether they will be able to pay for their health care as they live increasingly longer, according to a poll released Thursday (Marcy, 12/15).