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S. 1742 (115th): Medicare at 55 Act

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Aug 3, 2017.

Medicare at 55 Act

This bill amends title XVIII (Medicare) of the Social Security Act to allow individuals aged 55 to 64 to buy into Medicare or Medicare Advantage. Such enrollees shall be entitled to Medicare hospital, medical, and prescription-drug benefits.

The Secretary of Health and Human Services (HHS) must establish enrollment periods and determine monthly premiums with respect to such enrollees, as specified by the bill. Premium amounts collected by HHS shall be deposited in the Hospital Insurance and Supplementary Medical Insurance Trust Funds.

Such enrollees shall not be eligible for Medicare cost-sharing assistance but may be eligible for premium assistance under the Patient Protection and Affordable Care Act.