![]() ![]() ” The tru ste es sa id th at th ey mov ed the tar - get date for the Medicare hospital trust fund to be exhaust ed from 2029 to 2024 because of a weaker economy, which means fewer peo- ple working and paying Medicare premiums into the fund, and con- tin ued inc re ase s in hea lth car e costs. W e should not wait for the trust funds to be exhausted to make the re- forms necessary to pr ot ec t ou r curr ent and fu- ture retirees. Tr eas ury Sec re tar y Ti mot hy Geithner, who chairs the trustees panel, said the new report under- sco re d “th e nee d toact soo nerrat h- erthanlate r tomakeref orm sto our ent itl eme nt pr ogr ams. ![]() Thetrus tee s forthefundssaidin theirannualreportthat theworse n- ing financ ial pictur e empha size d the need for Con gr ess to mak e changes to avoid disruptive conse- quenc esin thefuturefor milli onsof people who depend on health and pensi on bene fits. ![]() Theann ualchec ku p sai dthatthe Medicare hospital insurance fund wil l nowbe ex hau ste d in 202 4, fiv e yea rs ear lie r tha n las t ye ar’ s est i- mat e.The newrep ortsaysthat the Social Security trust fund will be exh aus tedin 203 6, oneyearearli er than befo re. W ASH ING TON - The bad economy has shortened the life of the trust funds that support Social Securi ty and Medi care, thenation’ s two biggest benefit programs, the government reported Friday. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |