Becker's Healthcare February 13, 2023
Medicare beneficiaries who enroll in a Medicare Advantage plan may need less retirement savings to cover their healthcare costs, an analysis published Feb. 9 by the Employee Benefits Research Institute found.
The study’s authors note that healthcare costs are largely dependent on individual circumstance, but enrollees in Medicare Advantage have lower retirement savings targets than counterparts in traditional Medicare.
A couple enrolled in a Medigap plan with average premiums would need $212,000 in savings to have...
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