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If you’re new to Medicare, you may be a little confused and overwhelmed with the options available to you.
Take your time to learn all of the facts about the different types of supplemental insurance.
Healthcare.gov states that 2022 exchange enrollees have more issuer choices compared to 2021.
CMS.gov reports that for 2022, an estimated 56% of enrollees can find $0 plans for 2022 and 78% of enrollees can find a plan for $50/month or less.
Open Enrollment began on Monday, November 1st. You have until December 15th, 2021 for coverage to begin January 1, 2022.
The average monthly premium per enrollee in the first half of 2020 was $574.95, declining 3% compared to the first half of 2019.
People with higher deductibles report financial problems more frequently because of medical bills or delaying care due to cost.
In the first half of 2020, 43.4% of U.S. adults ages 19 to 64 were insufficiently insured.
In 2020, the average cost to own and operate a 2020 model vehicle was $9,561.
The most expensive car to insure is a 2021 Maserati Quattroporte S GranSport, which costs $4,823 per year.
Between the ages of 26 and 30, women begin to pay more for car insurance.
Just 19% of Medicare Advantage enrollees are in group plans offered by employers and unions for their retirees in 2020.
The average out-of-pocket limit for those with Medicare Advantage is $4,925 for in-network services.
Enrollment in Medicare is projected to increase an average of 1.5 million beneficiaries per year from 2021 to 2029.
In 2020, 54% of all Americans were covered by some form of life insurance.
50% of Americans estimate the price of life insurance at more than three times its actual cost.
In 2020, 80% of people bought life insurance to pay for their burial and final expenses.
Roughly 1 in 20 insured homes has a claim each year.
The average premium increased 3.3% between 2017 and 2018.
Property damage, including theft, accounted for 98.1% of claims filed in 2018.
