Raising the Medicare eligibility age from 65 to 67 “would not be the best news for health plans. Less healthy and less productive workers would be kept around a couple of more years and from the employer perspective, these people would be kept on their active plan.” Sponsors would be forced to make plan design changes such as higher deductibles or copayments to accommodate the higher costs. “If you have a higher unit cost, you have to do something.”
— Bruce Richards, chief actuary at Mercer, told AIS’s Health Plan Week.
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