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For each product, the insurance company sets a standard rate for each age range, ZIP code and number of people covered such as employee, employee and spouse and family. Medicare-eligible retirees will cost an average of 19% more than in 2001, whether the coverage is for a single employee only or for an employee and spouse. Instead, the applicable distribution period is the actual joint life expectancy of the employee and spouse based on their ages attained in, the distribution year. |
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