Skip Page Banner  
HEALTH CARE
BLOG

 

Friday, December 7, 2012

Raising Medicare Eligibility Age Could Be Part Of Budget Deal

RSS

Raising Medicare's eligibility age could become a key component of a deal between the White House and Congress to avert the so-called fiscal cliff, but critics say raising the age would shift costs to beneficiaries and merely move spending from Medicare to other parts of the health care system.
 
Raising the age as part of a fiscal cliff agreement is gaining momentum because it would substantially reduce Medicare spending, would be simple to implement, and would be easier on beneficiaries financially than some other proposals, such as charging higher copayments for services, sources tell BNA.
 

The Congressional Budget Office has said raising the age from 65 to 67 over a period of years would reduce program spending by $148 billion from 2012 through 2021, but the savings would be offset partially by increased Medicaid spending. 

Subscription RequiredAll BNA publications are subscription-based and require an account. If you are a subscriber to the BNA publication and signed-in, you will automatically have access to the story. If you are not a subscriber, you will need to sign-up for a trial subscription.

You must Sign In or Register to post a comment.

Comments (0)