Friday, August 26, 2011

Why any proposal to raise the Medicare eligibility age is not "fiscally conservative"

2 Charts:

 
In fact, given the cost-effectiveness of Medicare compared to private insurers, the country would save money on rapidly-inflating medical costs by lowering the Medicare eligibility age, allowing people to buy into the system earlier. 

Via Jared Bernstein - "Cost Shifting Is Not Cost Saving"