Gen X and millennials would pay higher taxes to access Medicare

Published Updated 3 Min Read

A nurse is holding an elderly man's shoulder; the elderly man touches her hand back.
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Have Americans made peace with the fact that they will likely not have access to Medicare when they turn 65? It doesn’t look like it. 

Health insurance company eHealth surveyed 1,000 Americans born between 1965 and 1996 to see how millennials and Gen Xers are reacting to the likely loss of the government-funded insurance program: 94% still feel they are entitled to Medicare in retirement, and 84% are willing to pay higher taxes to ensure its survival. However, without a solid plan from Congress on how to sustain this resource, it’s estimated that Medicare funds will run out by 2036, according to the board of trustees’ annual report. 

Deanna Cuadra
Senior Reporter

Deanna Cuadra is a senior reporter at Employee Benefit News. Her work covers healthcare, U.S. policy and reform, challenges faced by women and parents in the workplace and innovation in work culture … Read full bio


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