Bill sponsors say costs would potentially belower for both exchanges and Medicare itself, with youngerconsumers seeing their premiums fall with the extraction of the50-to-65 crowd from exchange risk pools. (Photo: Getty)
Democrats in both the House and Senate have taken a step forwardon the Medicare for All issue with a billthat would allow anyone 50 and older to buy in to Medicare.
Politico reports that the bill, co-sponsored by TammyBaldwin, D-WI, Sen. Debbie Stabenow, D-MI, Rep. Brian Higgins, D-NYand Rep. Joe Courtney, D-CT, would allow people between ages 50 and65 to buy a private Medicare plan with the same tax credits andcost-sharing subsidies available on exchangesfor the Affordable Care Act.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
