• Posted on Sunday, August 3, 2008
  • Bookmark and Share
  • email
  • |
  • print
  • |
  • rss

tool name

close
tool goes here

Medical bills pinch elderly in North Carolina

Sign up for email newsletters now!

Sign up for email newsletters now!

Never miss a McClatchy story
Comments (0)

Jake Smith, a Durham, N.C. man who's good for what he owes, sold his paid-off home of 33 years recently to settle about $15,000 in medical debt that wasn't covered by Medicare. Smith, 80, a retired truck driver who volunteered for the Navy at age 17, is among the more than one in 10 older Americans whose only medical insurance is basic Medicare. The federal program pays a portion of doctor and hospital bills, but leaves the rest to patients.

Out-of-pocket payments by Medicare recipients such as Smith will continue to climb as federal officials try to keep the giant program from consuming an ever larger share of government spending, health-care researchers say.

Read the full story at newsobserver.com.

More from McClatchy:

As economic news worsens, Sacramento residents tighten belts

Foreclosures leave Californians living in limbo

Economic woes hitting home in Georgia

Jobless rate beginning to worry the nation's heartland

Fuel costs put Kansas companies out of business

Mounting job losses point to more economic troubles

JOIN THE DISCUSSION

We welcome comments. Please keep them civil, short and to the point. Obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules.

Comments are displayed newest first. If you would like to read a thread from beginning to end, select "Oldest first" from the drop down menu.

ECONOMY IN TURMOIL

economy in turmoil

Read McClatchy coverage of the economic pain Americans around the country are feeling, from Florida to California to Alaska.

ECONOMY QUESTIONS & ANSWERS

 hall & pugh

McClatchy correspondents Kevin G. Hall (left) and Tony Pugh are available to answer your questions about the economic meltdown at home and abroad, and what's in store for ordinary Americans.

Q&A: THE HOUSING CRISIS

Mark Zandi, the chief economist for Moody's Economy.com, is took questions from McClatchy readers about the nation's deep housing crisis. His book, "Financial Shock," offers a 360-degree look at what caused the crisis, what mistakes were made and who made them. It offers a way forward to prevent future crises.

Q&A: TERMINAL CHAOS

U.S. air travel these days is about as fun as a trip to the dentist. Departure delays are rampant, bags often miss the flight you've caught and rising jet fuel prices have major airlines charging to check a bag. In his new book "Terminal Chaos," George Donohue, a professor and former high-level Federal Aviation Administration official, explains why our system of air travel is broken and what can be done to fix it. Read the responses.

Q&A: THE THREE TRILLION DOLLAR WAR

For two weeks, Nobel Prize-winning economist Joseph Stiglitz and Harvard professor Linda Bilmes, authors of "The Three Trillion Dollar War," fielded questions about the cost of the Iraq war and its impact on the U.S. economy. They're not taking new questions, but they're still posting answers to ones they've already received. Read their responses.