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View Diary: BREAKING: Health Care Scandal in Kent Conrad's ND (updated) (287 comments)

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  •  "Before we're 64" (5+ / 0-)

    By Rahm Emanuel and Bruce Reed
    Monday, November 5, 2007
    We can't afford to let American workers and companies wither on the vine. We can ease the cost crunch for both by giving employers and unions a new option:
    buying Medicare coverage for retirees ages 55 to 64
    Taxpayers would also benefit, because the more we can do to make Americans healthier from 55 to 64, the less Medicare will have to spend on chronic conditions later.

    For many companies, buying into Medicare would be the most affordable option. It could make the difference in whether companies are able to compete -- and whether companies are able to provide retiree health coverage.

    Senator Rockefeller's Medicare Early Access Act of 2009:

    A bill to amend title XVIII of the Social Security Act and the Employee Retirement Income Security Act of 1974 to provide access to Medicare benefits for individuals ages 55 to 65, to amend the Internal Revenue Code of 1986 to allow a refundable and advanceable credit against income tax for payment of such premiums, and for other purposes.

    Subsidies of up to $300/individual and $600/couple would be available.

    It's all typed up and ready to be voted on.

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