Health Spending for 60-64 Year Olds Would Be Lower Under Medicare Than Under Large Employer Plans

(By Matthew Rae, Juliette Cubanski, and Anthony Damico for Kaiser Family Foundation published April 27, 2021)

Medicare currently offers health insurance coverage to more than 60 million Americans ages 65 and older and younger adults with long-term disabilities. During the presidential campaign, President Biden proposed to lower Medicare’s eligibility age from 65 to 60, along with other policies to address health insurance coverage and affordability. Then-candidate Biden stated that the proposal would not affect Medicare’s Hospital Insurance trust fund or premiums for currently eligible Medicare beneficiaries, but other important policy design features have yet to be specified, including how it would be financed or administered. While many details are unknown, the proposal would potentially allow millions of adults to switch from non-group or employer plans to Medicare.  Continue reading the brief here…

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