Study: Pre-Retirees Don’t Appreciate Medicare Until They Have It

Some depressing news courtesy of Aaron Carroll: “One in four retirees think life in retirement is worse than it was before they retired, according to a poll by NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health released today. The poll shows stark differences between what pre-retirees think retirement will be like, and what retirees say is actually the case.” Interestingly, pre-retirees also underestimate the importance of Medicare, which suggests that the GOP’s strategy of selling their Medicare privatization plan as something that will only affect future retirees may be a good one. After all, that’s the group that won’t know how badly they’ll need health care coverage until it’s too late and they’re stuck paying the higher premiums and out of pocket costs associated with private plans: