aising the Medicare eligibility age to 67 from 65 would save the federal government nearly $125 billion over 10 years and may be considered by a congressional committee charged with finding ways to reduce the massive deficit, according to a congressional document.
But such change would mean a significant shift to employer plans of retirees’ health care costs now covered by Medicare. For example, a higher Medicare-eligibility age likely would result in more employees delaying their retirement, with those employees remaining longer as enrollees in their employer-sponsored plans.