Urban InstituteRetirement Policy Center

Research Spotlight

The 2006 creation of Medicare Part D, which covers prescription drugs, reduced the financial burden of health care for low-income seniors. Nonetheless, half of adults age 65 or older with incomes below the federal poverty level spent more than one-fifth of their incomes on health care.

Health Care as Percentage of household Income

Source: Are Health Care Costs a Burden for Older Americans? (2009)

Research Spotlight Archives

Email this Document