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Democratic senators propose lowering Medicare age from 65 to 50

Posted on 4/25/21 at 11:27 am
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 4/25/21 at 11:27 am


New proposal to lower Medicare age to 50 (warning - yahoo article)

quote:

Recent research shows that lowering the age limit of Medicare coverage could even be life-saving for some.

Diagnoses of certain cancers are disproportionately higher among people 65 and older, compared to those 64 and younger, according to a recent Stanford University study.

The study’s authors concluded that “many people are delaying their care for financial reasons until they get health insurance through Medicare.”


quote:

More than a quarter of adults approaching retirement have little to no confidence they’ll be able to afford health insurance over the next year.

And 45% have little to no confidence they’ll be able to afford the cost of their health insurance once they retire, according to a 2019 survey from the University of Michigan.

Sounds like they might want to wait until 65 to retire?

quote:

Right now, a 60-year-old with an annual income of $51,000 — which is a little more than four times the poverty level — would have to pay a premium of $4,420 a year for a silver health plan on the Obamacare exchanges, according to the Kaiser Family Foundation.


I don't doubt that. But what job with that level of income doesn't provide at least some employer sponsored health coverage?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89621 posts
Posted on 4/25/21 at 11:29 am to
quote:

Sounds like they might want to wait until 65 to retire?



Right, but keep in mind, the goal of the article isn't to bridge some mythical gap as they suggest.

This is another step towards single-payer.

Which is the end goal.
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22828 posts
Posted on 4/25/21 at 11:29 am to
People always confuse/manipulate the terms health insurance with healthcare.
This post was edited on 4/25/21 at 11:31 am
Posted by mtntiger
Asheville, NC
Member since Oct 2003
26666 posts
Posted on 4/25/21 at 11:35 am to
WTF?!?

Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22828 posts
Posted on 4/25/21 at 11:38 am to
Why would we encourage people to retire early if they can not take care of themselves?
Posted by Strannix
District 11
Member since Dec 2012
49035 posts
Posted on 4/25/21 at 11:42 am to
quote:

Diagnoses of certain cancers are disproportionately higher among people 65 and older, compared to those 64 and younger, according to a recent Stanford University study.


Wow they must have some fricking geniuses in Palo Alto!

And its not "disproportionate" older people have a much higher risk, it would be like saying people who try to climb mount Everest have a disproportionate rate of dying from climbing mount everest from those who don't. That's not even the correct use of the term.
This post was edited on 4/25/21 at 12:04 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57387 posts
Posted on 4/25/21 at 11:48 am to
quote:

Recent research shows that lowering the age limit of Medicare coverage could even be life-saving for some.
As would a national speed limit of 15 MPH.

quote:

The study’s authors concluded that “many people are delaying their care for financial reasons until they get health insurance through Medicare.”
If they won’t spend their own money on their health... why should they get other people’s money for it?

quote:

no confidence they’ll be able to afford the cost of their health insurance ....

Right now, a 60-year-old with an annual income of $51,000 — which is a little more than four times the poverty level — would have to pay a premium of $4,420 a year for a silver health plan on the Obamacare exchange
So fix the problem government created with... more government!! Brilliant!
This post was edited on 4/25/21 at 11:50 am
Posted by AthensTiger
Athens, GA
Member since Jul 2008
2977 posts
Posted on 4/25/21 at 12:01 pm to
The Unaffordable Care Act was a failure.
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
19603 posts
Posted on 4/25/21 at 12:11 pm to
I want the same for my Military Retirement benefits.
Posted by PUB
New Orleans
Member since Sep 2017
18316 posts
Posted on 4/25/21 at 1:10 pm to
50 is insane. Maybe 62 and lower full retirement from 67 1/2 to 62 at double current payments.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
11291 posts
Posted on 4/25/21 at 1:30 pm to
quote:

Right now, a 60-year-old with an annual income of $51,000 — which is a little more than four times the poverty level — would have to pay a premium of $4,420 a year for a silver health plan on the Obamacare exchanges, according to the Kaiser Family Foundation.


That silver plan must suck, or they're lying about it. Soon to be retirees and recent retirees I know are looking at $16,800 for less coverage than they have employed. $1,400 per month.
Posted by Blizzard of Chizz
Member since Apr 2012
19110 posts
Posted on 4/25/21 at 2:51 pm to
I swear the only people worse than pro athletes when it comes to handling money are the bastards we send to congress to represent us.
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 4/25/21 at 4:54 pm to
Should be raised to 75, along with SS.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23485 posts
Posted on 4/25/21 at 6:12 pm to
Did you vote for Biden Powerman?
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