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

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  • 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.

Suggested Citation

  • Congressional Budget Office, 2022. "Budgetary Effects of a Policy That Would Lower the Age of Eligibility for Medicare to 60," Reports 57918, Congressional Budget Office.
  • Handle: RePEc:cbo:report:57918
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    File URL: https://www.cbo.gov/system/files/2022-05/57918-Age-Medicare.pdf
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    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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