Analysis Highlights Financial Struggles, Strategies For Patients Who Face Chronic Illness.

January 14, 2022

The New York Times (1/14, Garland) reports, “As the population ages, the numbers of people diagnosed” with “chronic illnesses are rising. A diagnosis may be alarming enough, but equally frightening can be the costs for medical treatments, home renovations and other expenses,” and “some people with disabling conditions may be forced to retire earlier than they had planned, resulting in a loss of income and potential retirement savings.” The Times spoke with experts who recommend various steps for patients to undertake to plan for the financial costs they may face due to illness, including building “a team of professionals” to help. Medicare Part D is mentioned.

Last modified on 01/14/2022

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