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Hi Idjr
Correct, the average lifetime expense for Medicare is 180,000 per person. Paying amounts of $60,000 on Medicare premiums and 120,000 for out of pocket expenses. This is with most taxable incomes paying into medicare for a select ( Over 65 ) group. If everyone is eligible for medicare cost will either skyrocket or people will have high out of pocket cost.
dane
Correct, the average lifetime expense for Medicare is 180,000 per person. Paying amounts of $60,000 on Medicare premiums and 120,000 for out of pocket expenses. This is with most taxable incomes paying into medicare for a select ( Over 65 ) group. If everyone is eligible for medicare cost will either skyrocket or people will have high out of pocket cost.
dane
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