pocket expenses

Out-of-pocket expenses for retirees will go down, thanks to health care reform, but a 65-year-old couple will still need a big chunk of savings to ensure the bills are paid.

Common mistakes include opting for a cut-rate policy that can stick you with tens of thousands of dollars in out-of-pocket expenses.

A new survey says companies are scaling back on pay raises. Employee benefits may also take a hit in the near future as out-of-pocket expenses like co-pays are expected to rise.

Mitchell Hartman reports.