Deft Research, a market research firm, has released a study which analyzes the expectations of those aged 63-64 for their retirement and health insurance.
The age group was chosen based on the fact that at 65 Americans become eligible for Medicare benefits and must make a decision about Medicare related health insurance.
The survey has found the percentage of respondents who will continue working after age 65 has increased in the past year from 43 percent to 55 percent.
Moreover, the largest share of the group who will work after 65 will use commercial employer-based benefits as their primary source of health insurance, a result the company says shows the consumer market that needs a Medicare plan at 65 is diminishing.
According to Rich Hamer, a principal at Deft Research, the study suggests plans and consumers may benefit from offerings targeted at diverse age segments with products best suited for them.
Several recent surveys have shown Americans contemplate delaying retirement as the financial meltdown has wiped out savings.
A poll released by the American Institute of Certified Public Accountants has revealed that almost 35 percent of their clients who are approaching retirement age are postponing it now, a 3 percent increase from last year.