recent Good news The bankruptcy date of Medicare’s Hospital Medical Security Fund has been promoted for several years in 2036. The bad news is that this temporary aversion is just the same, and the remaining Medicare’s financial situation is not dealt with. I wrote about this on Boston Globe today:
There is there 67 million American in Medicare. 90 %of them are over 65 years old and the population of the country is rapidly aging. It is estimated until 2040 80 million Americans will be over 65 years old. This is an additional 13 million people in the roll of Medicare.
Simple mathematics: more recipients mean more spending. But Catchchi is already spending a lot of money and how fast the spending is.
Read the entire piece here.
The study of this article was supported by Arnold Ventures.
Medicare’s fiscal cliff first appeared in a coincidental economist.
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