Take the Orient Express! Trek in Bhutan! Pay forhealth care!
The projected tab for an average, healthy 65-year-oldcouple retiring this year,in lifetime premiums for Medicare Parts B and D andsupplemental insurance, is $288,000, accordingto the HealthView Services 2016 Retirement Health Care Costs DataReport. Add in out-of-pocket expenses, including dental,hearing, and vision care, and the bill reaches $377,412.
That's in today's dollars. You want it in tomorrow's? Adjustingfor inflation, the report projects the lifetime premium costs at$435,472. Add in deductibles, copayments, hearing, vision, anddental, and it's $567,903.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
