health costs

Employers Shift More Health Care Costs to Workers

Posted on 03/7/2014 by | Money and Work | Comments

Bulletin Today | WorkIt’s not that your paycheck feels smaller. It is smaller, thanks to the bigger portion that health care costs are siphoning from your take-home pay. Employers year after year have shifted more of the burden for health insurance costs to workers. And it’s no different for this year. Employees’ premiums rose by nearly 7 percent to $2,975 for 2014, not counting out-of-pocket costs, according to a survey released this week by Towers Watson and the National Business Group on Health, …

Cost Barriers Persist for Colonoscopy Screening In Medicare

Posted on 01/15/2014 by | AARP Blog Author | Comments

Personal Health | Public Policy InstituteThousands of people in the United States die every year from colorectal cancer—cancer of the colon or rectum. That’s astonishing because colorectal cancer is almost entirely preventable by use of recommended screening tests. Yet, in 2008, less than two-thirds of all people ages 65 and older had the screening. Medicare pays for several types of screening tests, including colonoscopy which is considered the best test for early detection and prevention of colorectal cancer. Colonoscopy allows for removal of polyps and …

AARP Debuts New Health Care Costs Calculator

Posted on 11/18/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsIt could be a costly mistake if you aren’t considering health care costs in your retirement plan, financial advisers tell us. According to the latest estimate by Boston-based Fidelity Investments, premiums, deductibles and other out-of-pocket expenses could cost a 65-year-old couple retiring today a hair-raising $220,000 — and that’s after Medicare coverage kicks in. Yet we seem to be a little short-sighted. In a recent Fidelity poll of more than 1,800 people, nearly half of adults ages 55 to 64 believe …