The Hidden Costs of Raising the Medicare Age

"Whenever the discussion turns to saving money in Medicare, the idea of raising the eligibility age often comes up."

"'I don't think you can look at entitlement reform without adjusting the age for retirement,' Sen. Lindsey Graham, R-S.C., said on ABC's This Week last Sunday. 'Let it float up another year or so over the next 30 years, adjust Medicare from 65 to 67.'"

"It's hardly surprising that the idea keeps finding its way into the conversation. That same increase is already being phased in for Social Security. Even President Obama reportedly had the idea on the table during his informal negotiations with House Speaker John Boehner during the summer of 2011."