Medicare and Medicaid reimbursements for drugs, healthcare and long-term care services are also fixed. So, if seniors have to start reaching deeper in their pockets to handle rising costs of goods to make up the difference it can have a major impact on their ability to keep up with their medical costs.”
If prices start to spike as is being anticipated from the trade wars, the majority of seniors in this country will feel a disproportionate impact compared to younger Americans who are still working and able to generate income.
Chris Orestis, is available to discuss this important topic. He is available for phone or email interviews. He can also provide exclusive material for your publication.
Related: Why Fiduciary Rule Continues to Be Under Attack
Chris Orestis, Executive Vice President of GWG Life, is an over 20 year veteran of the insurance and long-term care industries and is nationally recognized as a healthcare expert and senior care advocate. He is a former Washington, D.C. lobbyist who has provided legislative testimony; the author of two books: “Help on the Way” and “A Survival Guide to Aging”; a frequent columnist with a currently popular series entitled “The Healthcare Hunger Games”; and has been a featured guest on over 50 radio programs and in The New York Times, The Wall Street Journal, USA Today, Kiplinger’s, Investor’s Business Daily, PBS, and numerous other media outlets.