Medicare and Medicaid

Older Workers Worried About Promised Medicare and Social Security Benefits, Watson Wyatt Survey Finds

Published in Nursing Home and Elder Business Week, October 19th, 2008

Many older workers, particularly those without employer-sponsored retirement plans, retiree medical plans or other financial resources, do not expect to receive their full Social Security or Medicare payments after they retire. Confidence is especially low among those who are relatively younger, female or have a lower level of education, according to an analysis by Watson Wyatt (NYSE:WW)(NASDAQ:WW), a leading global consulting firm.

Roughly six out of 10 (61 percent) older workers -- those 50 to 64 years old -- are not confident of receiving their promised Medicare benefits and 51 percent are not confident of receiving promised Social Security benefits after they...

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Source: Nursing Home and Elder Business Week (2008-10-19)

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