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Thursday, July 28, 2011

Raising the Medicare Age Won't Save the Government Money: So Why Is It On the Table?

This is an excellent read about the idea of raising the eligibility age for Medicare, the plan that Sens. Joe Lieberman and Tom Coburn cooked up that seems to have been embraced by the White House. And not just because the authors, Professors Theodore R. Marmor and Jerry Mashaw, both of Yale, call the idea "dopey."

The only supposedly redeeming feature of the idea is that it would reduce Medicare spending by $7.6 billion a year, according to a recent Kaiser Family Foundation study. But that spending would only be shifted, not controlled. Read more

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