Life insurance can be very crucial to financial planning. Life insurance is something that should be in investigated sooner rather than later. A good benefit Rich policy May offset Some costs in the case of a passing that incurred medical debt.
It's really not a true or false issue. The need for life insurance should depend on the purpose of the insurance: to take care of unpaid bills upon your death vs. taking care of a surviving partner or providing a legacy for your heirs. I don't believe that having Medicare should eliminate the need for life insurance.