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| Text of the 2015 Annual Report of the Board of Trustees of the Medicare Trust Funds (PDF) The Boards of Trustees, Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds  July 23, 2015 265 pages. "While the physician payment updates and new incentives ... avoid the significant short-range physician payment issues that would have resulted from the SGR system approach, they nevertheless raise important long-range concerns.... [The ACA] introduced large policy changes and additional projection uncertainty.... The methodology for projecting Medicare finances assumes a substantial long-term reduction in per capita health expenditure growth rates relative to historical experience, to which the ACA's cost -reduction provisions would add substantial further savings. Notwithstanding recent favorable developments, current-law projections indicate that Medicare still faces a substantial financial shortfall that will need to be addressed with further legislation." |
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