Medicare. As Chapter 11 in your textbook notesthe costs for health care have ris

Medicare. As Chapter 11 in your textbook notesthe costs for health care have risen dramatically and are expectedto continue to rise. While Medicare is a public insurance programthat provides coverage to almost everyone who is 65 and older itonly covers a portion of health care expenses. In fact the authorsof your textbook note that if current trends continue by 2030half of those aged 65 and older will spend more than 25% of theirincome on medical bills and insurance premiums (Markson &Stein 2012).