On The Heels of 2010 Midterm Elections, 63% of Retirees Not Confident Medicare Will Be There For Their Children

60% of Retirees “Very” or “Somewhat” Confident Medicare Will Be There For Themselves

BURLINGAME, Calif.--(BUSINESS WIRE)-- An independent survey of 431 retirees covered by Medicare that was conducted on the eve of the November 2nd midterm elections revealed that 63% of retirees are not confident that Medicare will be there for the rest of their children’s lives. Yet, 60% are “very” or “somewhat” confident Medicare will be available for the rest of their own lives. The results are from the latest Extend Health Medicare Confidence Survey fielded by Extend Health, Inc., which operates the largest private Medicare exchange in the country at www.ExtendHealth.com.

This third Medicare confidence survey of 2010 was fielded October 20-31, 2010, and showed that retiree confidence levels in Medicare have remained steady throughout the year. The first survey was conducted on March 15-16, just days before healthcare reform legislation was passed; the second on June 15-18, 90 days after passage of the legislation.

Detailed results from the 2010 surveys are as follows:

How confident are you that Medicare will be available for the rest of your life?

Confidence Level - Self

           

October

     

June

     

March

Very confident 14 % 19 % 16 %
Somewhat confident 46 % 45 % 43 %
Unsure 12 % 11 % 9 %
Not confident 28 % 24 % 32 %
Don’t care 1 % 1 % --
 

How confident are you that Medicare will be available for the rest of your children’s lives?

Confidence Level - Children

           

October

     

June

     

March

Very confident 2 % 3 % 4 %
Somewhat confident 17 % 20 % 16 %
Unsure 17 % 14 % 17 %
Not confident 63 % 61 % 62 %
Don’t care 1 % 2 % 1 %
 

About Extend Health:

Extend Health, Inc. was founded in 2004 to serve Medicare-eligible retirees and their corporate sponsors. The company operates the country’s largest private Medicare exchange and has helped more than 250,000 retirees compare and choose the private Medicare plan that best meets their needs and budgets. With Extend Health employer solutions, Fortune 500 companies, unions, and municipalities can save up to 35% on retiree health care compared to legacy employer group plans. For more information, visit Extend Health on the web at http://www.extendhealth.com.



CONTACT:

For Extend Health, Inc.
Rob Wyse, 212-920-1470
[email protected]

KEYWORDS:   United States  North America  California  District of Columbia

INDUSTRY KEYWORDS:   Seniors  Health  Public Policy/Government  Healthcare Reform  Other Health  Public Policy  White House/Federal Government  Professional Services  Insurance  Consumer  General Health

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