current yahoo health news

current yahoo health news
Does this worry you?

Retiree couple needs $225K for medical

By EILEEN ALT POWELL, AP Business Writer 2 hours, 15 minutes ago

Given current levels of retirement savings, the center said, six in 10 older workers are “at risk” of being unable to maintain their standard of living in retirement.

http://news.yahoo.com/s/ap/20080305/ap_on_bi_ge/retiree_health_care

Read the link please.

Not really. It sounds like a lot but when the costs are spread over a couple of decades it isn’t really that bad… although the soaring costs of health care is atrocious, all this really shows is that Medicare cannot keep up with the costs and that any type of universal health care is doomed to failure without curtailing the causes of the rising costs.

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