Before the advent of Medicare, on the average, elders paid 15 percent of their income for health care; now, they pay only 5 percent of their income.

Question

Quizplus · Accepted Answer

Medicare has reduced the percentage of income that elders spend on healthcare, but the claim that they now pay only 5 percent is not accurate. The actual percentage varies and is generally higher than 5 percent.

Before the Advent of Medicare, on the Average, Elders Paid