See what people have to say about the past, present, and future of Medicare.
How confident are you in the future of the Medicare program? What do you think of the “Medicare-for-all” ideas that some politicians are proposing these days?
Those are among the questions eHealth asked in a recent survey of customers who bought Medicare Advantage, Medicare Supplement or Medicare Part D prescription drug plans through eHealth. With more than 2,000 responses, the results were really fascinating.
Enrollees are worried about the future of Medicare
Most enrollees are happy with their Medicare. Only 6 percent said they were dissatisfied with their coverage. But a lot of Medicare enrollees are worried about the future of the program. In eHealth’s survey, fewer than two out of ten enrollees believe Medicare will survive for generations to come.
- 23 percent were not confident that Medicare would last even their own lifetime.
- 41 percent were not confident that Medicare would be there for their children, though they thought it would last their own lifetime. believed Medicare would be there for themselves, but might not be there for their children.
- 17 percent were not confident Medicare would be there for their grandchildren, though they believe the program would last long enough for themselves and their children.
Reducing drug costs are seen as key to saving Medicare
When asked what they think should be done to help ensure the future of Medicare, there was a surprising amount of consensus when it came to prescription drugs:
- 73 percent said that caps should be placed on the amount that pharmaceutical companies can charge for drugs.
- Twenty-five percent said that doctors and hospitals should be paid less for medical care.
- Twenty-three percent said that Medicare taxes should be raised on people who are not yet eligible for coverage.
What about “Medicare for All?”
With the 2020 presidential election in sight, some politicians are talking about expanding Medicare to cover more people than it does today. When eHealth asked enrollees how they feel about some of these proposals, responses were mixed:
- 41 percent of survey respondents said that all Americans should have some form of Medicare-like coverage.
- 42 percent believed that Medicare should stay the way it is – limited primarily to people age 65 and older.
- 11 percent said that the Medicare eligibility age should be lowered from 65 to 55.
To read more about eHealth’s recent survey, click here. eHealth will be tracking these and other trends among Medicare enrollees in the months to come.