11/7/2011

Although raising the Medicare eligibility age to 67 would reduce federal spending, it would raise overall health care costs and shift the burden to employers and workers, according to a Kaiser Family Foundation study. Some employers would cover older employees for longer, some older employees would have to pay the costs themselves and some would end up on Medicaid. Moreover, while the youngest, healthiest people would be out of Medicare, those same people would be some of the oldest in private insurance plans, causing higher overall premiums in both systems, the study found.

Related Summaries