Brad DeLong: Raising the Medicare Eligibility Age Is a Really Bad Idea Blogging: Is This a Problem with the Media or with the Congressional Budget Office?
Director’s Blog: Raising the Ages of Eligibility for Medicare and Social Security: If the eligibility age was raised above 65, fewer people would be eligible for Medicare, and outlays for the program would decline relative to those projected under current law. CBO expects that most people affected by the change would obtain health insurance from other sources, primarily employers or other government programs, although some would have no health insurance. Federal spending on those other programs would increase, partially offsetting the Medicare savings. Many of the people who would otherwise have enrolled in Medicare would face higher premiums for health insurance, higher out-of-pocket costs for health care, or both.
Video: Mitt Romney Embraces Privatizing Medicare and Social Security and Raising Eligibility Ages
Romney Proposes Raising Medicare Eligibility Age in 2022
A cogent example is the value of colonoscopies. The NE Journal of Medicine study shows that the procedure reduces the incidence of colorectal cancer and saves lives, cutting the death rate in half. The procedure can cost thousands of dollars. The GAO found that only a quarter of all Medicare beneficiaries ages 65 to 75 had been so screened, and about 59 percent of men and women between the ages of 50 and 74 were tested. While not the most pleasant procedure, it is important for all over 50. Implementation would not be without new cost, certainly in the shorter term.
Romney Offers Proposal To Gradually Increase Medicare Eligibility Age
Romney said that his proposal would begin in 2022. Under the proposals, the Medicare eligibility age would increase by one month annually. “In the long run, the eligibility ages for [Medicare and Social Security] will be indexed to longevity so they increase only as fast as life expectancy,” Romney said (Espo, AP/Contra Costa Times, 2/24).
Daily Kos: Old Waitress says, “Don’t Raise Medicare Eligibility Age!”
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KFF Report Estimates Impacts of Raising Medicare Eligibility Age
A new report from the Kaiser Family Foundation analyzes the expected impact of raising Medicare’s eligibility age to 67 on the federal budget, seniors, employers and others in light of health reform. It is the first in a series examining the potential impact of Medicare changes.
Homelessness Resource Center
Conclusions: Greateruse of primary care and specialty care visits by disability-eligibleveterans is most likely related to greater health needs not captured bythe patient characteristics we employed and eligibility for VA care atno cost. Outpatient care patterns of disability-eligible veterans mayforeshadow care patterns of veterans returning from Afghanistan and Iraqwars, who are entering the system in growing numbers. This studyprovides an important baseline for future research assessingutilizations among returning veterans who use both VA and Medicaresystems. Establishing effective care coordination protocols between VAand Medicare providers can help ensure efficient use of taxpayerresources and high quality care for disabled veterans. (Authors)
Daily Kos: Why is Raising Medicare Eligibility to Age 67 a Bad Idea? Here’s Why.
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3 Reasons Why We Should Raise Medicare’s Eligibility Age
In attempting to address the problems of Medicare and medical expenses on the whole, members of Congress should look to the history of the program. The House Ways and Means Committee, when charged with assessing the costs of the program, projected that total costs for the first year would run no more than $1.3 billion when total spending in the first year actually was $4.6 billion. The committee did not improve its accuracy over time, projecting that hospital spending would amount to just $3.1 billion in 1970 when it was actually $7.1 billion. John Goodman, president of the National Center for Policy Analysis, explains that these chronic projection mistakes are because analysts failed to account for increased demand as 19 million people were given free access to unlimited health care. Today, Congress makes the same mistakes in different ways, failing to account for a dynamic market that undermines direct controls and ignores price-controlling efforts.