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Medicare's Financial Condition: Beyond Actuarial Balance (PDF)
American Academy of Actuaries July 26, 2015 "In the long-range the condition has improved for all parts of Medicare due to lower long-range health care cost growth assumptions in this year's report. Nevertheless, the program faces three fundamental long-range financing challenges: [1] Income to the HI trust fund is not adequate to fund the HI portion of Medicare benefits; [2] Increases in SMI costs increase pressure on beneficiary household budgets and the federal budget; [3] Increases in total Medicare spending threaten the program's sustainability." |
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