Mini-Thread
1) One of the bigger stories that has gone underreported in recent weeks: Medicare reimbursement cuts - 1% to 10% (depending on the service) - have kicked in. Some health care providers may go under - particularly in rural and/or underserved areas
2/
-the avg couple retiring at 65 will need $285K for health care (over the rest of their lives) beyond what Medicare/Medicaid pay. The vast majority of this cost comes in the last 2-3 years of life (Fidelity)
-Median savings at that age? $172K (median: half have <) (Synchrony)
3/
Contrary to what Pres. Trump keeps saying, drug prices continue to rise - and well beyond the rate of inflation. Some 70 drugmakers raised prices in the U.S. on New Year's Day by an avg. 3.3% (GlobalRx analysis); Social Security checks, meantime, are going up 1.3% this year
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