Thursday, May 30, 2013

How Immigration Funds Healthcare for the Elderly

How Immigration Funds Healthcare for the Elderly - ABC News#.UaeEnORg8c9

If you're growing old and depending on Medicare, you have someone to thank for keeping the system afloat: Immigrants, including those who entered the country illegally.

A Harvard Medical School study published on Wednesday found that immigrants generated a $13.8 billion surplus in the Medicare system in 2009. That's means they put a lot more into the system than they took out.

Meanwhile, people born in the U.S. accounted for a $30.9 billion deficit.

The biggest reason immigrants are able to contribute more than their share is because they're more likely to be of working age and part of the labor force. Of all immigrants in the U.S., 80 percent are between the ages of 18-64, versus 59 percent of the U.S.-born population, according to 2010 census data.

PHOTO:
Jose Luis Pelaez/Getty Images
Immigrants pay more into Medicare than they use in services, according to a new study.

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