More Than One-Third of People with Traditional Medicare Spent at Least 20 Percent of Their Total Income on Health Care in 2013

January 30, 2018 More Than One-Third of People with Traditional Medicare Spent at Least 20 Percent of Their Total Income on Health Care in 2013 According to a Kaiser Family Foundation study, more than one-third of people with traditional Medicare spent at least 20 percent of their total income on health care in 2013. The study is entitled Medicare Beneficiaries’ Out-of-Pocket Health Care Spending as a Share of Income Now and Projections for the Future. Health care is a substantial and growing financial burden for many people on Medicare and…

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