Budgetary Effects of a Policy That Would Lower the Age of Eligibility for Medicare to 60

Congressional Budget Office

No 57918, Reports from Congressional Budget Office

Abstract: CBO and the staff of the Joint Committee on Taxation estimate that lowering the age of Medicare eligibility to 60 would increase federal budget deficits by $155 billion over the 2026–2031 period through the effects of that policy on federal revenues and mandatory spending. Enacting the policy would have a significant effect on primary sources of health insurance coverage, and it would increase the number of people insured.

JEL-codes: I13 (search for similar items in EconPapers)
Date: 2022-05-16
New Economics Papers: this item is included in nep-ias
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