Report: Medicare fund is 8 years from insolvency
Wednesday, May 13, 2009 - 02:14
in Mathematics & Economics
The trustees' prediction is the bleakest assessment in years for the health plan. Both sides of the larger healthcare debate say the gloomy forecast supports their position. Spurring new demands to overhaul the nation's healthcare system, Medicare trustees announced Tuesday that the program's biggest fund for serving the elderly would run out of money in just eight years.