Tag: Medicare Advantage
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Even the best-laid plans can go awry. Retirees face the risk of a large healthcare spending shock for medical or long-term care (LTC) either because their health insurance involves significant cost sharing or because they lack insurance entirely in the case of LTC…
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Two people in my family who are independent contractors and lack employer health insurance happen to be turning 65 this year and will finally be eligible for Medicare. Hallelujah! A report by KFF, the health care research and news organization, shows why Medicare eligibility is a milestone: 22 percent of people over 65 are paying…