The people choosing to purchase the part A and B and Plan D and C would have access under the Medicare system for healthcare coverage at an affordable rate. Cost difference to Joe Consumer: let's say Joe works for a company that offers group insurance where the company pays and he pays $200 per pay check for group insurance. That’s $400 dollars to both the company and Mr. Consumer. Now if Mr. Consumer opted to purchase into Medicare, then the company would no longer have Mr. Consumer on their health insurance books. This would make it affordable for the company to hire more people. This helps with unemployment.
Or a PPO plan in would be this policy costs a non-smoking person born in 1957 the monthly rate quote $573 per month! (Actual quote from a health insurance company)
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