The only other thing you might consider is whether, if 55-65 year olds can buy into Medicare, whether this would solve an unemployment problem, as the age group might retire earlier (before 65) since they have the certainty of medical insurance.
Sort of a cash for clunkers program. People retire early who can afford it; jobs made available for others. Maybe you could do this Medicare option as a countercyclical short term program whenever unemployment exceeds 8%.
Good post.
The only other thing you might consider is whether, if 55-65 year olds can buy into Medicare, whether this would solve an unemployment problem, as the age group might retire earlier (before 65) since they have the certainty of medical insurance.
Sort of a cash for clunkers program. People retire early who can afford it; jobs made available for others. Maybe you could do this Medicare option as a countercyclical short term program whenever unemployment exceeds 8%.
This idea has been part of the discussion for awhile. It was part of Joe Biden's (and Bill Richardson's) health care proposals during the primaries.