Senator Andy Kim Backs Bill to Let Americans Ages 50-64 Buy Into Medicare

U.S. Senator Andy Kim of New Jersey has joined colleagues backing legislation that would let Americans ages 50 through 64 buy into Medicare before they reach the program's usual eligibility age of 65.

The Medicare at 50 Act, led by Senator Tammy Baldwin of Wisconsin, would create an optional coverage choice for people approaching retirement. It is a proposed bill, not a change to current Medicare eligibility.

People who choose to enroll would receive Medicare benefits and protections, including coverage through Parts A, B and D, with the option of a Medicare Advantage plan. Eligible participants could use premium tax credits and cost-sharing help available through the Affordable Care Act marketplace toward their coverage.

The senators say the proposal is intended to give older adults another insurance option as they face health costs before retirement. The measure would not require everyone in that age group to join Medicare.

The legislation would still need congressional approval and the president's signature before becoming law.