Medicare Still Strong And Built To Last!

Fact Sheet dated January 2017: 

Medicare Rights Center came out with some interesting facts regarding Medicare.

  • 57 million Americans rely on Medicare for health insurance coverage.1
  • More than 95% of Americans consider Medicare an important program.1
  • Around 90% of Americans want federal Medicare spending to stay the same or increase.1
  • Around 85% of Americans want Medicare to negotiate drug prices.1
  • People with Medicare already pay a significant amount toward health care. In 2012, they paid 14% of household expenses toward health care costs, nearly three times as much as those not yet on Medicare.1
  • Medicare does a better job of controlling costs than private health plans.1
  • Baby Boomers need Medicare to retire.1
  • Past proposals to implement premium support would give people with Medicare a voucher or coupon to purchase health coverage, either a private plan or Original Medicare. The value of the voucher is not likely to keep pace with rising health care costs, meaning people with Medicare would pay significantly more.1 
  • Medicare provides health coverage less expensively than private insurance and has lower administrative expenses than private health plans which, by design, turn a profit.1
  • Medicare is not going bankrupt.1

1.Source: January 2017

Note: Medicare Insurance information can be overwhelming and confusing to many people. As an independent licensed agent I can explain things to you in simple terms so you feel comfortable making a decision. Then I can help you choose and enroll in a plan that you feel fits your needs.

By the way, it doesn’t cost you any more if you enroll in a Medicare Insurance plan through me as an independent agent versus directly with an insurance company either over the phone or via the Internet, since I get paid by the insurance companies for your enrollment. Plus you will have personalized service by a local agent. If you would like my assistance, please call me at 941-404-5334.

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