Private insurance after 65
Various federal studies say that the lifetime cost of healthcare (total cost - not just costs after Medicare) after age 65 hovers around $430K at the median and $810K at the 95th percentile.
Since I already have saved to the 95th percentile, can I buy private insurance to cover me for the last 5%? Shouldn't the cost of any insurance where I take such a huge deductible be much lower than typical? What percentage could I take on myself that would produce the most bang-for-the-buck?
According to CMS, 1% of the population does not sign up for Medicare. I assume these are HNWI who either pay cash or have an insurance "benefit" through a company they own?
If money is no object, what are my options besides Medicare?
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