Tag: Medicare finances
Medicare receives too little attention. While the Trustees’ Report on Social Security makes headlines, commentary on Medicare is relegated to the back pages. Yet Medicare is a huge and growing program, operating in an expensive environment. In 11 years, the country is slated to pay more for Medicare than Social Security…
What captures the headlines about Medicare is the exhaustion date of the Hospital Insurance (HI) trust fund. But HI is only 38 percent of Medicare expenditures today and is projected to decline further, and the HI shortfall – once the trust fund assets are depleted – is only 11 percent of HI expenditures. Thus, t…
