In retirement the single biggest expense for the majority of people will be the costs of health coverage and, unfortunately, the 2025 Retiree Health Care Cost is now higher than ever. A 65-year-old couple, both non-smokers, both retiring in 2025 and planning to live until age 85 for the female and 83 for the male […]
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The Centers of Medicare Services (CMS) is reporting that 2025 IRMAA and Medicare Costs will fall in line with the projections of the Board of Trustees. This is extremely good news as health insurers will have the correct pricing for coverage during the Annual Enrollment Period which will help many retirees. That bad new, however
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In terms of the costs for 2025 Medicare Part D Plans the news may not be so good for retirees who happen to actually need drug coverage as costs are rising faster than ever before. Overall, on a national average, the monthly Premiums will increase by 5.25% while the Annual Deductible will also increase by
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