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The Financial Implications Of Medicare Eligibility Age

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Aisling Bast @Aisling_Bast · Feb 14, 2024

The Medicare eligibility age, set at 65, has financial implications for individuals and the government. Delaying eligibility may strain private insurance for those aged 65-67, potentially raising premiums. Lowering the age could increase Medicare expenses but may lead to preventive care and lower overall healthcare costs. The age threshold influences individual healthcare expenses, impacting retirement planning and the government's budget as it manages the balance between providing affordable care and sustaining the Medicare program.

 

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