Raising the Medicare eligibility age from 65 to 67 would be phased in gradually. This would require future seniors to either work longer or get private health insurance, increasing costs for Medicaid and Obamacare. Analysis from the Kaiser Family Foundation estimates around 5 million total beneficiaries would be affected by the higher eligibility age if implemented in 2014 along with provisions of the Affordable Care Act. Adopting a chained CPI to calculate Social Security benefits could reduce average annual benefits from around $17,220 to as low as $20,527 by 2022 according to data from the Washington Post, Bureau of Labor Statistics and Census Bureau.

1. Raising Medicare Eligibility Age
Perhaps from 65 to 67
Gradual phase-in likely
Future seniors will have to either work longer or
get private insurance
Increased costs for Medicaid and Obamacare

2. Health Care Reform and Medicare Age Bump
No change
Note: Total number of beneficiaries affected by the higher age is 5mm. The analysis assumes higher age and ACA will be
implemented in 2014.
Source: Kaiser Family Foundation

3. Social Security and Chained CPI
$23,135
$22,213
$20,527
$17,220
Source: Washington Post, BLS, Census Bureau