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Medicare gaps leave many with big bill at end of life
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Many U.S. seniors have trouble saving enough money to handle health care costs beyond what Medicare covers, a new study suggests.

As a result, a significant portion of their savings and other assets go to paying their end-of-life costs when they die.

In the last five years of life, out-of-pocket co-payments and deductibles, and the high cost of home care services, assisted living and long-term nursing home care cause 25 percent of seniors to spend more than their total non-housing assets, the study found.

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