Unfortunately, the healthcare entitlement for seniors and the disabled isn’t aging gracefully.
If current trends continue, Medicare’s Part A hospital insurance trust fund will run out of cash in just eight years.
By then, roughly one in five Americans will be 65 or older and — thus eligible for benefits. Avoiding a fiscal catastrophe will require some significant changes — and fast.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Medicare Enters its 58th Year in Poor Health
Sally C. Pipes
Medicare celebrated its 58th birthday on July 30.
Unfortunately, the healthcare entitlement for seniors and the disabled isn’t aging gracefully.
If current trends continue, Medicare’s Part A hospital insurance trust fund will run out of cash in just eight years.
By then, roughly one in five Americans will be 65 or older and — thus eligible for benefits. Avoiding a fiscal catastrophe will require some significant changes — and fast.
Click to read the full article in Newsmax.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.