DecisionHealth, DecisionHealth - 2011 Issue 5 (May)

Medicare’s trust fund set to deplete five years sooner than expected

The Medicare Trust fund is set to go bankrupt in 2024, according to the latest annual Medicare Trustees Report, five years earlier than projected last year due to a sluggish economy, health care cost hikes and tax breaks. Realistically, if the spending is growing faster than the gross domestic product (GDP) then there is no way its affordable to the public or the country.

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