29 July 2011

Raising Medicare age won't work

By Theodore R. Marmor and Jerry L. Mashaw

Just when there seemed to be no more dopey ideas for reducing America's deficit, another one appeared.

Raising the age of Medicare eligibility from 65 to 67, according to Sens. Joseph Lieberman (I., Conn.) and Tom Coburn (R., Okla.), would save Medicare billions over the next decade and more. This was part of a package of proposals to reduce Medicare spending, including combining hospital and doctor coverage, changing deductibles, charging wealthier seniors more, increasing premiums, and cutting hospital debt payments. But the change in the eligibility age deserves the sharpest criticism, especially given that President Obama appears willing to consider it.

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