Cost shift seen in raising Medicare age to 67 – Yahoo! Finance

There are some interesting facts here…

If Congress raises the Medicare age, it would reduce government expenses, but cause each individual- including the young- to pay much more for health insurance.

I guess this is what the Republicans really mean by “trickle down” economics.

It’s worth clicking the link to read the detailed article…

Employers and even some younger people would pay more for health insurance if lawmakers raise the eligibility age for Medicare, a study to be released Tuesday concludes.

The findings suggest that the emerging debate over Medicare’s future matters not only to seniors and those nearing retirement, but to a broad cross-section of Americans.

The report from the nonpartisan Kaiser Family Foundation shows that federal taxpayers would save billions if the Medicare eligibility age, currently 65, is increased by two years. But people ages 65 and 66, employers — along with states, Medicare recipients and even some younger families — would see ripple effects that add to their costs.

Those costs could total more than $2,000 a year for some individuals.

via Cost shift seen in raising Medicare age to 67 – Yahoo! Finance.