Health Care Spending Per Person in the U.S.
Health Affairs, Bureau of Labor Statistics, 2016. Adjusted for inflation.
The Cost of Care
Longer life spans often equate to increased health care costs, especially for older Americans. Thankfully, healthy life expectancies, or the number of years one can expect to live in full health, are on the rise due to better living conditions and advances in medical care.
Still, the average lifetime health care premiums for a 65-year-old healthy couple retiring in 2015 and covered by Medicare parts B, D, and a supplemental insurance policy will be $266,589, according to a report from HealthView Insights. Add on other out-of-pocket expenses, including dental and vision, and that number jumps to nearly $400,000.