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Medical Inflation Reduces Real Value of Retirement Benefits
Escalating medical costs are eroding Social Security purchasing power, intensifying financial strain for retirees on fixed incomes.
Rising healthcare premiums and out-of-pocket costs are diminishing the effective purchasing power of Social Security payments. Benefit adjustments have struggled to keep pace with medical inflation in several regions. Retirees dependent on fixed incomes face mounting pressure to reallocate spending priorities. Policymakers continue debating measures to address long-term sustainability concerns.