Budget negotiators consider raising Medicare eligibility age

11/27/2012 | Wall Street Journal, The

Gradually increasing the eligibility age for Medicare from 65 to 67 would reduce federal spending by about $148 billion and might increase revenue as more people stay in the workforce, according to the Congressional Budget Office. Seniors would have an easier time getting private insurance once the Affordable Care Act is fully implemented, proponents of the idea say. However, research indicates costs would be transferred to employers and federal subsidies to buy private insurance would reduce overall savings.

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Wall Street Journal, The

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