Health Spending for 60-64 Year Olds Would Be Lower Under Medicare Than Under Large Employer Plans

During the presidential campaign, President Biden proposed to lower the age of Medicare eligibility from 65 to 60. This analysis uses claims data for covered medical services from both large employer plans and traditional Medicare to illustrate the potential spending effects of using Medicare payment rates in lieu of higher rates paid by employer plans for people 60-64 who shift from large employer plans to Medicare.
Source: Reports on Health Reform issues from the Kaiser Family Foundation