Industry Note:
Medicare Cost-Cutting Pressure Eases Slightly
Published on Thu Jun 13, 2013
Slower Medicare spending means the Medicare trust fund now is projected to last until 2026, according to the latest Medicare Trustees’ Report released May 31. Last year’s report indicated Medicare would go broke in 2024. Part A spending is growing faster than taxes are coming in to pay for the program, and the Part A coffers will be empty by [...]