Rising health care costs can have major consequences for current and future retirees. Read the full story from sharon_epperson and StephanieDhue here:
Prices for gas, food and housing have skyrocketed in the last year. Less noticeable, to some, is the rising cost of health care.
Medicare, the U.S. government's national health insurance program for Americans age 65 and over, imposed a 14.5% increase in premiums for Part B for 2022, a record high and nearly double the March reading of the annual U.S. rate for inflation as measured by theRising health-care inflation can have major consequences for current and future retirees, as medical expenses are expected to take up an ever greater share of retirees' income.
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