In what may be one of the most under-reported stories of the debt ceiling talks, Politico’s Jen Haberkorn notes that before negotiations broke down on Friday evening, President Obama and Speaker of the House John Boehner tentatively agreed to gradually raise the Medicare eligibility age as part of a “grand bargain” to increase the nation’s borrowing limit:
Details of the plan were not yet finalized before the Obama-Boehner talks collapsed on Friday. But in general, the agreement called for very gradually increasing the eligibility age from 65 to 67 over about two decades, according to administration and Republican congressional sources.
One pathway would call for increasing the age by one month per year beginning in 2017 until it reached 66 in 2029. In 2030, it would increase two months per year until it hit 67.
The administration’s willingness to entertain the idea may have given “a controversial idea more legitimacy and high-profile support than it’s ever gotten before,” Haberkorn observes, and it is likely to rile progressives
who question the wisdom of the compromise.
Jacob Hacker, political science professor at Yale University, has called the scheme “the single worst idea for Medicare reform” since it “saves Medicare money only by shifting the cost burden onto older Americans caught between the old eligibility age and the new, as well as onto the employers and states that help fund their benefits.” Worse still, some seniors between the ages of 65 and 67 could “end up uninsured,” the Center on Budget And Policy Priorities’ Edwin Park predicted. Individuals “with incomes too high for premium subsidies in the exchange and those who qualify for only modest subsidies” could be priced out of affordable coverage, he warned.
According to the Kaiser Family Foundation, raising the eligibility age to 67 would cause an estimated net
increase of $5.6 billion in out-of-pocket health insurance costs for beneficiaries who would have been otherwise covered by Medicare. Seniors in Medicare Part B would also face a 3 percent premium increase, the study found, since younger and healthier enrollees would be routed out of Medicare and into private insurance. Beneficiaries in health care reform’s exchanges would see a similar spike in premiums with the addition of the older population.
Federal cost savings, meanwhile, would be slim. The Congressional Budget Office studied the proposal when it was part of the House GOP’s budget plan and found it “would have
little effect on the trajectory of Medicare’s long-term spending…because younger beneficiaries are healthier and thus less costly than the program’s average beneficiary.”
Aol Technical Support Phone Number
ReplyDeleteAol Technical Support Number
Aol Tech Support Number
Aol Tech Support phone Number
Aol Support Phone Number
Aol Tech Support Number
Outlook Technical Support Phone Number
Outlook Technical Supprt Number
Outlook Tech Support Number
Outlook Tech Support Phne Number
Outlook Support Phone Number
Outlook Tech Support Number
Quicken Support Phone Number
ReplyDeleteQuicken Support Phone Number
Quicken Support Number
Quicken Technical Support Phone Number
Quicken Technical Support Number
Quicken Tech Support Phone Number
Quicken Tech Support Number
Customer Service Phone Number
Customer Service Number
QuickBooks Premier Technician
ReplyDeleteQuickbooks Premier Support Phone Number
Quickbooks Premier Tech Support Number
Quickbooks Premier Support Number
Quickbooks Premier Technical Support Number
Quickbooks Premier Tech Support Phone Number
Quickbooks Premier Technical Support Phone Number
Quickbooks Premier Help Desk Phone Number
Quickbooks Premier Help Desk Number
Quickbooks Premier Customer Service Number
Quickbooks Premier Customer Service Phone Number
Quickbooks Premier Customer Support Number
Quickbooks Premier Customer Support Phone Number
Quickbooks Tech Support Number
ReplyDeleteQuickbooks Support Phone Number
Quickbooks Tech Support Number
Quickbooks Support Number
Quickbooks Technical Support Number
Quickbooks Tech Support Phone Number
Quickbooks Customer Service Number
Quickbooks Customer Service Phone Number
Quickbooks Customer Support Number
Quickbooks Customer Support Phone Number
Quickbooks Help Desk Phone Number
Quickbooks Help Desk Number
Sage PRO Technical Support Phone Number @1-855-924-9506
ReplyDeleteSage Pro Tech Support Number
Sage Pro Technical Support Number
Sage Pro Customer Support Number
Sage Pro Support Phone Number
Packers and Movers
ReplyDeletePackers and Movers in Pune
Packers and Movers in Mumbai
Packers and Movers in Gurgaon
Packers and Movers in Noida
Packers and Movers in Delhi
Packers and Movers in Chennai
Packers and Movers in Hyderabad
Packers and Movers in Bangalore
Packers and Movers in Ghaziabad
Packers and Movers in Faridabad
Movers and Packers
Movers and Packers in Pune
Movers and Packers in Mumbai
Movers and Packers in Gurgaon
Movers and Packers in Noida
Movers and Packers in Delhi
Movers and Packers in Chennai
Movers and Packers in Hyderabad
Movers and Packers in Bangalore
Movers and Packers in Ghaziabad
Movers and Packers in Faridabad
This web based changing framework enables clients to make business exchanges and access different administrations offered whenever they need or anyplace they might be. quick check cashing corona
ReplyDeleteHTML Based sites are not hackable where as PHP Based sites if not composed effectively can have shortcoming that will open the way to programmers. It is website backup essential to dependably refresh your PHP contents and to reinforcement your web content regularly utilizing a disconnected stockpiling strategy.
ReplyDeleteticket merchants who have some expertise in coordinating ticket venders with purchasers. You may likewise offer on tickets through an online closeout. stubhub fees
ReplyDeletePersonally I think overjoyed I discovered the blogs.SattaMatka 143
ReplyDeleteGood website! I truly love how it is simple on my eyes and the data are well written. I am wondering how I could be notified whenever a new post has been made. I’ve subscribed to your feed which must do the trick! Have a nice day! watch youtube videos without ads
ReplyDeletePretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I'll be subscribing to your feed and I hope you post again soon. Big thanks for the useful info. Answer Pup
ReplyDelete