Sen. Debbie Stabenow (D-MI) (R) and Sen. Tammy Baldwin (D-WI) participate in a news conference to announce legislation giving people between the ages of 50 and 64 the option of buying into Medicare on February 13, 2019 in Washington, DC. (Photo by
More than half of large U.S. employers favor expanding Medicare to make more Americans under 65 eligible for such health insurance coverage, a new national business coalition’s survey shows.
The National Business Group on Health says more than half of these employers favor expanding Medicare to those ages 60 to 64 or to those as young as 50. The survey said 23% of large employers supported Medicare expansion “but only for ages 60 – 64” while another 23% favor Medicare expansion “but only for ages 50 to 64.”
Meanwhile, the NBGH survey showed 45% of large employers think Medicare should not be expanded below age 65. And an overwhelming majority of companies surveyed don’t want a single payer version of Medicare for All that uproots the private healthcare system.
“Employers are mixed on Medicare expansion,” said Brian Marcotte, chief executive of the National Business Group on Health, which represents 440 companies including Chevron, JPMorgan Chase, Dow Chemical, Nike and Wells Fargo.
The survey comes as Democrats in Congress and those running for the party’s 2020 Presidential nomination are pushing for ways to expand Medicare and build on the Affordable Care Act signed into law in 2010 by President Barack Obama.
Marcotte said employer concerns about Medicare expansion are related in part to the “lack of details on who would