Healthcare for Military Service Members: TRICARE
Retirement Daily Guest Contributor
By Michelle Buonincontri
A new report by the nonpartisan Kaiser Family Foundation (KFF) found that by 2030 the average out-of-pocket healthcare costs will consume half of a recipient's average per capita Social Security income. And, according to the U.S. Department of Health and Human Services, the probability of a long-term care event is 70% for those age 65 and up - meaning, yes, higher healthcare costs.