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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Les H who wrote (232697)12/15/2009 9:50:58 AM
From: Les HRead Replies (1) of 306849
 
The CBO has estimated that it would cost a 62-year-old $600 a month to buy into Medicare. The bill is expected to provide subsidies for low- and middle-income Americans. It's comparable to -- or even more expensive than -- private plans for that age group, depending on the benefits provided.

One reason for the high price is that people 55 to 64 years old in general need more healthcare than younger, healthier people. Another is that in private insurance plans, the cost of care for older enrollees is subsidized somewhat by the presence of younger people in the same insurance pool.

latimes.com
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