Women often earned less than men doing the same job. We are less likely to have private pensions and when we do have them, our pensions are smaller because they are tied to our earnings stream and because of time outs caring for our families. Without Social Security most women over 65 would live in poverty. We face higher poverty rates than men the older we get. Because of horrific budget cuts in a weakened economy we have lost protections in nursing homes and elsewhere—even in our own homes.
Health care is now unaffordable for many boomers. Doctors sometimes refuse the Medicare of older seniors because reimbursements are so inadequate. Some seniors have to choose between eating and taking their medications. Yet insurance companies spend millions of dollars trying to insure the healthy, avoid the sick and deny payment for claims. Every year pharmaceutical companies take more than $350 billion for drugs that cost a small fraction of that sum to produce.
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