tci Part B Insider - 2009 Issue 17
MEDICARE FUNDING : Medicare Program Risks Going Broke, According to New Report
Part A is poised to run out of money -- and although safe for now, Part B could be at risk, report indicates. Last years news that the Medicare program might be out of money by 2019 stunned practices across the country -- but a new report indicates that the news is actually more bleak. Instead, the Medicare Trust Fund will be broke two years earlier -- by 2017. 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 2017 unless the government takes...
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