House Budget Panel Considers Higher Age for Medicare Transition [View all]
Source: Bloomberg
House Republicans are considering increasing the age at which Americans approaching retirement would be protected from changes in Medicare, one member said today.
Budget Committee Chairman Paul Ryan promised last year that people age 55 and older would continue to get traditional Medicare, the health-care plan for retirees. People younger than that would be offered subsidies to buy private insurance.
The panel is considering raising that age to 56, said New Jersey Repubican Scott Garrett, a member of the committee.
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“With respect to Medicare, House Republicans will again put forward a real solution to protect and strengthen Medicare for current seniors and future generations,’’ Ryan spokesman Will Allison said in an e-mail. “His reforms ensure no changes for those in or near retirement, a sharp contrast to the real harm inflicted on seniors by the president’s health-care law.”
Read more: http://www.bloomberg.com/news/2013-03-05/house-budget-panel-considers-higher-age-for-medicare-transition.html
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