Medicare is not free
According to a recent report from Employee Benefit Research Institute the amount of money you could need to cover premiums and out-of-pocket prescription drug costs from age 65 on could be $130,000 if you are a man and $146,000 if you are a woman. Although the numbers in the report are big, they are lower than the last years’ estimates. This comes as a surprise to seniors that Medicare which covers about two-thirds of healthcare costs is not free. For more details click on link here… to read article.
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