Focus On . . . Waste in the Health Care System
Journal of Pension Benefits, Vol. 18, No. 1, p. 3, Autumn 2010
7 Pages Posted: 4 Feb 2011
Date Written: August 1, 2010
Abstract
Waste in the health care system might seem like a strange topic for a pension journal. However, waste is directly connected to retirement security: to the extent that waste increases the cost of health care, (1) employers have less money available for retirement plan contributions, (2) working individuals have less available resources to save for retirement, because they are paying more than they should in premiums, deductibles, and co-pays, and (3) retired individuals need more income to enable them to pay out-of-pocket health expenses.
Keywords: Health Care System, Retirement, Security, Health Expenses
Suggested Citation: Suggested Citation