Study Finds Raising Medicare Age Would Shift Costs
March 29, 2011 | Source: Kaiser Health News | Author: Mary Agnes Carey
Raising Medicare's eligibility age by two years would save the federal government $7.6 billion but those costs—and more—would shift to others, according to a report out today.
The analysis by the Kaiser Family Foundation says that increases in total costs for people 65- and 66-year-olds, employers and the state governments in 2014 would outpace the federal savings. (KHN is an editorially independent program of the foundation.)
The report assumed full implementation of the health law and an increase in Medicare eligibility to 67 in 2014.