![]() The estimates in this option reflect the assumption that the age limit for people made eligible for Medicaid by the ACA would increase in tandem with the MEA. In addition, under the Affordable Care Act (ACA), states are permitted to expand eligibility for Medicaid to adults under the age of 65 whose income is no more than 138 percent of the federal poverty guidelines. The MEA would remain below the FRA until 2036 under the first alternative and until 2032 under the second alternative. (People can claim reduced retirement benefits-but not Medicare benefits-starting at age 62, which is the most common age to do so.) The FRA has already been increased from 65 to 66 and is scheduled to rise further during the coming decade, reaching 67 for people born in 1960 (who will turn 67 in 2027). CONGRESSIONAL BUDGET OFFICE MEDICARE FULLUnder the two alternatives, the MEA would rise to match Social Security's full retirement age (FRA), the age at which workers become eligible for full retirement benefits. (That cohort will become eligible for Medicare benefits in 2032.) It would remain at 67 thereafter. Under the second alternative, the MEA would increase by three months each year, beginning in 2023, until it reached 67 for people born in 1965.(That cohort will become eligible for Medicare benefits in 2036.) The MEA would remain at 67 thereafter. It would continue to increase until it reached 67 for people born in 1969. Under the first alternative, the MEA would rise by two months each year, beginning in 2023 (when people born in 1958 will turn 65).This option, which consists of two alternatives, would raise Medicare's eligibility age (MEA) to 67. That trend, which results in higher program costs, is projected to continue. Since then, life expectancy for 65-year-olds has risen by more than four years-to 18.2 years for men and 20.7 years for women. In 1965, when Medicare was established, a 65-year-old man could expect to live another 12.9 years, on average, and a 65-year-old woman another 16.3 years. The average number of years that people are covered under Medicare has increased significantly since the program's creation because of a rise in life expectancy. Under current law, the usual age of eligibility to receive Medicare benefits is 65, although younger people generally may enroll after they have been eligible for Social Security disability benefits for two years. Estimates include the effects on Social Security payroll tax receipts, which are classified as off-budget. ![]() Estimates include the effects on Social Security outlays, which are classified as off-budget.ī. This option would take effect in January 2023.Ī. Sources: Congressional Budget Office staff of the Joint Committee on Taxation. Raise the Age of Eligibility for Medicare to 67 by Three Months Each Year Medicaid and subsidies through health insurance marketplaces Raise the Age of Eligibility for Medicare to 67 by Two Months Each Year ![]()
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