The Health Care Policy Blog is a forum for health care policy professionals
and Bloomberg BNA editors to share ideas, raise issues, and network with
Friday, January 25, 2013
by Steve Teske
Senate Finance Committee ranking minority member Orrin G. Hatch (R-Utah) wants Medicare's eligibility age hiked from 65 to 67, saying it must keep pace with increases in longevity in the population.
Hatch said the change should be considered in a legislative package to reduce the federal budget deficit that may be considered this year. He also said Medicare should be reformed in other ways, including eliminating first-dollar Medigap coverage.
"When Medicare was created in 1965, the average life expectancy was 70 years,” Hatch said in a press release. “In 2009 it stood at 78 years. Currently, 41 percent of Medicare beneficiaries are 75 years and older and account for 50 percent of total spending in the program.”
Critics of raising the age say it that while it may cut Medicare costs initially, it will raise them in the long-run as more older people go without insurance, go without needed care, and come onto Medicare with more health care needs.
to post a comment.
Balance Called For With Narrow ACA Networks
Proposed 2015 Health Insurance Premiums Up 7.5 Percent on Average
Kitchen Sink Draft Bill Covers a lot of Anti-Fraud Territory
Is the Sunshine Act on the Cusp of a Delay?
Health Data Exchange Stymied By ‘Lack of a Business Case,' Policy Group Says
SIGN UP FOR OUR FREE NEWSLETTERS >>>>