Thursday, May 12, 2016

Expanding Medicare enrollment to age 55 is possible.

In 2008 a worrisome population in the USA lost their medical insurance and were denied COBRA. It took action by Washington, DC to open an agency to review the loss of medical benefits without a COBRA option. The population in the breach were Americans 55 and older. They lost jobs because of rapid economic contraction due to The Great Recession.

Recently we have learned the USA population of Caucasian men were at risk for illness while not having adequate health insurance.

"Death Rates Rising for Middle-Aged White Americans, Study Finds" (click here)

This extension of Medicare benefits could help close the gap on necessary health care of all Americans age 55 to 65. It is a great idea and an important option for this population.

May 12, 2016
By The New York Times Editorial Board

Health policy experts (click here) have long argued that Congress should let older Americans buy into Medicare before they become eligible for it at 65. Hillary Clinton said this week that she supports this option, which could help expand coverage and cut the cost of insurance for some people.Many lawmakers, as well as former President Bill Clinton, have said in the past that people between 55 and 65 should be allowed to buy into Medicare, which has lower administrative costs than private insurance because it pays lower reimbursement rates to doctors and hospitals and does not have to turn a profit. Congress even considered this provision when it was debating the Affordable Care Act, but did not include it in the law because of opposition from Republicans, conservative Democrats and former Senator Joseph Lieberman, the Connecticut independent....