Savings Needed to Fund Health Insurance and Health Care Expenses in Retirement

32 Pages Posted: 26 Jul 2006

See all articles by Paul Fronstin

Paul Fronstin

Employee Benefit Research Institute (EBRI)

Abstract

This paper examines the cost of health insurance and health care expenses in retirement. It examines recent trends in private- and public-sector retiree health benefits and the impact of these trends on current and future retirees. It also presents options that retirees currently have to supplement the Medicare program, and provides estimates of how much those options will cost current and future retirees.

Keywords: Employment-based benefits, Health care costs, Health insurance, Medicare, Medicare supplement insurance, Prescription drug costs, Retiree health benefits, Savings

JEL Classification: H51, I1, J14, J32

Suggested Citation

Fronstin, Paul, Savings Needed to Fund Health Insurance and Health Care Expenses in Retirement. EBRI Issue Brief, No. 295, July 2006, Available at SSRN: https://ssrn.com/abstract=920626

Paul Fronstin (Contact Author)

Employee Benefit Research Institute (EBRI) ( email )

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