Most Medicare beneficiaries overspend on out-of-pocket costs

People don’t understand their coverage and the choices they can make to maximize their benefits and minimize unnecessary spending

Published on InvestmentNews.com November 16, 2014
By Katy Votava

Studies consistently show that 90% to 95% of Medicare beneficiaries are overspending on their out-of-pocket health care costs. How is that happening?
Generally speaking, most people don’t understand their coverage and the choices they can make to maximize their benefits and minimize unnecessary spending.

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