I Used to Think Medicare Was Affordable. These 3 Numbers Say Otherwise.
Before I started writing about retirement planning for a living, I was under the impression that Medicare was a low-cost health insurance program for older Americans. I was correct in that Medicare enrollees are generally 65 or older, and that the program is supposed to be affordable in theory. But now that I've done my research, I see that in practice, it's anything but.
Here are a few specific numbers that highlight just how unaffordable Medicare has the potential to be.
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Source Fool.com