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flag American seniors face higher out-of-pocket healthcare costs than those in most wealthy countries, despite Medicare coverage.

flag A recent study by the Commonwealth Fund reveals that American seniors pay more for healthcare than their counterparts in most wealthy nations, despite Medicare coverage. flag Nearly 1 in 4 U.S. seniors spend at least $2,000 out of pocket annually, compared to fewer than 5% in countries like France and the Netherlands. flag The study also found that 8% of Americans on traditional Medicare and 9% with Medicare Advantage skip necessary healthcare due to cost concerns. flag This financial barrier leads to poorer health outcomes and increased long-term healthcare costs.

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