Medi­care’s hos­pi­tal trust fund re­mains on track to cover all obli­ga­tions un­til 2030,

Modern Healthcare - - LATE NEWS -

the So­cial Se­cu­rity and Medi­care boards of trustees said in their an­nual re­port re­leased last week. In 2030, Medi­care would be able to pay 86% of costs, ac­cord­ing to the re­port. Medi­care is adding 10,000 new ben­e­fi­cia­ries a day as baby boomers reach age 65. But so far, the de­mo­graphic shift has not over­whelmed the pro­gram with costs be­cause for the most part boomers are health­ier than older gen­er­a­tions of Medi­care ben­e­fi­cia­ries. That has had a pos­i­tive ef­fect on the bot­tom line, help­ing to hold down per-ben­e­fi­ciary costs. Still, the trustees, some of whom were ap­pointed by Pres­i­dent Barack Obama, are push­ing for law­mak­ers to ad­e­quately fund the pro­grams.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.