That’s what I’ve given you.
{{ For a high risk, 65-yr-old woman, at the 95% percentile of the cost distribution, the difference between having Medigap and going bare with just Medicare is $6,300/yr. Like I said, “the cost of a cruise”. }}
And you’re highly unlikely to be in the 95% percentile (i.e., 1 out of 20) every year. Wendy’s surgeon has told her that her heart is now good to age 90, so it will likely be a while (if ever) that she has another high cost year.
But the insurance industry is going to scare you, saying you need to be prepared for those costs year after year, and then charge you an extra “skim” of 20% on top of that. It’s madness if you let them, and have the resources to cover it (i.e., “the cost of a cruise”.)
intercst