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At close · Fri, Aug 14, 2026
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HomeGlobal MarketsNorth AmericaDebate grows over whether Medicare should cover catast…

Debate grows over whether Medicare should cover catastrophic costs

MarketWatch argues a revamped Medicare approach could prevent serious illnesses or injuries from pushing people into bankruptcy.

MarketWatch is weighing whether Medicare should be expanded to provide catastrophic coverage for beneficiaries facing major illness or injury costs.

The outlet frames the core goal as protecting households from financial devastation, including situations that can lead to bankruptcy.

The discussion centers on the potential role of such a system in limiting severe out-of-pocket burdens during high-cost medical events.

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