Rising health costs and a preventable lack of proper coverage are driving more older adults into medical debt, new data reveals.
A report this month by the Urban Institute and Robert Wood Johnson Foundation finds that 17.6% of adults aged 65 and older are saddled with medical debt. That is despite the fact that almost everyone over 65 has Medicare health coverage.
Medicare Alone Is Not Enough
“Right now, about one in 10 people are only covered by original Medicare, which is, in my opinion, a…