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What does this change mean for retirees healthcare costs if Congress does nothing in 2025 and beyond?
While the changes may not directly increase their out-of-pocket expenses, theycould introduce other financial burdens, he said.
Caregiver Expenses
Many retirees rely on caregivers to assist with medical visits.
Telehealth has been a game-changer for retirees inrural or underserved areas.
These individuals may face delayed care or difficulty accessing specialists without long travel times if reduced, Genovese said.
Reduced access could disrupt the continuity of care, potentiallyworsening health outcomes.
Worsening health outcomes can also lead to increased costs of care.
Without it, retirees may facemore logistical challenges, even if their direct healthcare costs dont rise.
A Widening Digital Divide
Many retirees have only recently adapted to telehealth technologies, Genovese said.
How Should Retirees Prepare For These Changes?
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