Thursday, 16 May 2013

Should Medicare’s Eligibility Age Be Raised?


With tens of millions of baby boomers heading into retirement, Medicare’s long-term financial prognosis is grim. One proposed solution is to raise the eligibility age gradually to 67 from 65.
Proponents of this idea note that we are living longer now than we were when Medicare began in 1966, and that the new health-care law will ensure that older Americans have access to affordable insurance even if they can’t get coverage through an employer.
Others say that making Americans wait two extra years to get Medicare would be unfair to the poor, increase the ranks of the uninsured and, most importantly, end up costing Americans more than it saves them.

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