54-day, the government will spend $609 billion to cover 58 million Medicare beneficiaries. Those numbers lump everybody together into one monolithic group, but that’s not the case when Oct. 15 arrives. That date opens a This year window where each individual covered by the program gets to make changes to how they receive the Medicare benefit they paid for through regular payroll deductions during their working years.
This year, the government will spend $609 billion to cover 58 million Medicare beneficiaries. Those numbers lump everybody together into one monolithic group, but that’s not the case when Oct. 15 arrives. That date opens a 54-day window where each individual covered by the program gets to make changes to how they receive the Medicare benefit they paid for through regular payroll deductions during their working years.