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Spiking healthcare costs, medical debt cuts into retiree’s savings

Nitza Soledad Perez

04:11

Healthcare costs are forcing American seniors to make impossible choices. Medicare doesn't cover everything, and many retirees live on fixed incomes from Social Security – often less than three thousand dollars a month.

When unexpected medical bills arrive, those costs can push seniors to the financial edge.

CGTN's Nitza Soledad Perez met a Jacksonville couple who thought they'd done everything right. They paid off their house. They saved where they could. Then they got sick.

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.

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