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Life Health > Life Insurance

Is a Medicare buy-in worth the cost?

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  • $7,600 — Average premium for Medicare (including Part D) if people under age 65 were able to buy into the program.
  • 300,000 — Estimated number of people who would participate in a Medicare buy-in scheme.
  • 9 — Percentage of previously uninsured people who would be covered under a Medicare buy-in scheme.
  • 85 — Estimated age at which people could stop paying an extra premium to make up for the cost of benefits for the buy-in group.
  • $5,069 — Amount spent on health care for the average 50- to 64-year-old.

Source: AARP


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