Medicare Expansion: A Gift to the Relatively Wealthy

President Joe Biden’s ambitious proposals to reduce Medicare’s eligibility age to 60 may not be the gift to older Americans that its supporters believe it to be.

That’s the core finding of a new analysis from Avalere, a consultancy. The report concluded that lower-income adults would likely have to pay more for health coverage through an expanded version of Medicare than they do through the private health plan options that are already available to them.

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