Criticism of Medicare (United States)
Posted on:3/24/2006
| Medicare faces continuing financing issues. In its annual report to Congress, the Medicare Board of Trustees stated that the program's hospital insurance trust fund could run out of money before the end of the next decade. |
Medicare faces continuing financing issues. In its annual report to Congress, the Medicare Board of Trustees stated that the program's hospital insurance trust fund could run out of money before the end of the next decade. The trustees have made such projections in the past, but this one was much bleaker than the outlook reported just last year.
Part of the cost of Medicare is fraud, which Medicare estimates costs it billions of dollars a year.
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