Trump vs Biden on Medicare: How each wants to modify the insurance program

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President Donald Trump has taken steps to ease certain costs for Medicare beneficiaries and has proposed other changes, while Democrat challenger Joe Biden has some ideas of his own for the program.

For example, the law added certain free preventive benefits to Medicare. It also eliminated, over several years, the spike in out-of-pocket spending on prescription drugs that some beneficiaries faced.

Biden wants to lower the eligibility age for Medicare to 60 from 65, with optional enrollment in that five-year period. The funding for this change would come from general revenue. He also pointed out that Biden wants to create a public health insurance option and expand access to coverage through the health-care exchanges. Those options could end up being better for those folks than Medicare, he said.

 

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