Health/Long-Term Care
The consulting firm Milliman recently published its 2025 Long-Term Care Index, calculating that – on average – 65-year-olds should set aside $135,000 for their future high-intensity long-term care needs. Great Variability While an average figure can be a helpful anchor point, Milliman’s estimates show substantial variability based on gender, location, and health status, among other factors. For instance,…
Keeping healthcare costs under control is crucial for retirees. Something good recently happened. The Centers for Medicare and Medicaid Services (CMS) announced that its proposed average increase for 2027 in the rates that Medicare pays insurers for Medicare Advantage plans is projected to be only 0.09 percent. Analysts had predicted that the 2027 rate increas…
