Page 9 - The Other Side of The Mountain October 2018
P. 9
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Healthcare costs
The rising cost of healthcare is National health expenditures
certainly an item that you are will hit $3.35 trillion last year,
already aware of. I read several which works out to $10,345 for
articles that claim the cost of every man, woman and child.
healthcare for a healthy retired Source: US Dept. Of Health & Human
couple will be about $378,000 Services
for the remainder of their lives.
This is a sizeable
number! What really
counts however, is the
Annual Healthcare
out-of-pocket cost for
Cost you and me. Medicare
by Age and health insurance
supplements will often
cover the bulk of our
healthcare costs.
$43,000
As we grow older, we
$35,000
will be paying much
more for healthcare
than younger
$18,000
Americans. This chart
$7,500
illustrates the impact for
60 70 80 90 retirees.
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