Several leading lawmakers in the 115th Congress have announced their commitment to reducing the federal deficit by reforming the Medicare program. Popular proposals backed by lawmakers in the majority party would phase out the traditional Medicare program and replace it with a “premium support” model, where older Americans would be given subsidies from the federal government to purchase private insurance. These proposals have also outlined plans to increase the age of Medicare eligibility from sixty-five to sixty-seven, requiring younger seniors to purchase costly private insurance or to rely on employer-sponsored health insurance coverage for a longer period of time.
TSCL has serious concerns about plans that would privatize the Medicare program since we fear they would result in higher out-of-pocket costs for beneficiaries. In a recent survey of our members, only 7 percent said they strongly favor “premium support” models, and 67 percent said they strongly oppose replacing Medicare with a system of private health plans.
In the 115th Congress, TSCL will advocate tirelessly for legislation that would protect the Medicare benefits older Americans have earned and deserve, and we will promote solutions that would strengthen and modernize the Medicare program responsibly, without enacting benefit cuts or increasing costs for beneficiaries.