This week, we celebrate the 44th birthday of Medicare. Over the past four decades, the program has provided millions of elders with health care coverage. It is important that Medicare be strengthened to meet the needs of all Americans in their later years.
Opportunities to strengthen Medicare include the following:
- Placing a limit on catastrophic expenses
- Closing coverage gaps, such as through the Medicare Part D doughnut hole
- Expanding to younger populations, such as through a buy-in option
Data on what it takes elders to make ends meet in their communities, that looks at health and long-term care expenses, is now available through the Elder Economic Security Standard™ Index.
For more information, be sure to read WOW’s press statement on this commemorative week!