FEATURED
Medicare Part D, introduced in 2006 to cover prescription drugs, helped reduce seniors’ out-of-pocket costs. The majority of older adults devoted less than one-eighth of their incomes to health care in 2006. However, nearly half of low-income seniors spent more than 20 percent of their 2006 incomes on health care. 
Read more
Senior researcher Melissa Favreault argued before the Senate Special Committee on Aging that Congress should increase benefits for long-term, low-wage workers. She also points out what can be learned from past efforts to address Social Security’s long-term financing problems.
