Medicare Funding:
CMS Slows Spending To Avoid Bankruptcy Plunge
Published on Tue Jun 18, 2013
Changes implemented by the Affordable Care Act (ACA) allowed Medicare Part A to stay funded longer. The Centers for Medicare & Medicaid Services (CMS) may have bought itself some extra time before insolvency hits, a May 31 Medicare Trustees’ Report indicates. Last year’s report predicted Medicare would go broke in 2024, but now the projection pushes the date back two [...]