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Arguments for raising the Medicare age. In looking at the costs of the Medicare program alone, it's obvious that if 65- and 66-year-olds aren't eligible for coverage, then Medicare will have lower costs compared to what they'd be if these people were covered.For example:f Medicare raises its eligibility age, the medical costs for seniors ages 65 and 66 don't disappear -- they're simply shifted somewhere else.
CBOâs current estimate of the savings to Medicare from this option is much lower than its earlier estimates for proposals to raise Medicareâs eligibility age. For example, in a report published in January 2012, CBO estimated that such a policy change would produce budgetary savings of $113 billion over 10 years.n addition, outlays for Social Security retirement benefits would decline slightly because raising the eligibility age for Medicare would induce some people to delay applying for retirement benefits.