Medicare: Did you know?
A quick follow-up to 'Must See TV: C-SPAN's coverage of the White House Conference of Aging':
Slide 25 of Mr. Walker's presentation ( 1:14 into the video provides the following information for Medicare Part A:
Our Congress (House and Senate) is Missing in In-Action:
Slide 25 of Mr. Walker's presentation ( 1:14 into the video provides the following information for Medicare Part A:
- In 2004 we started going into negative cash flow for Hospital Insurance
- 2007 is the estimated trigger date for "Medicare funding warning"
- 2012 is the projected date that annual "general revenue funding" will exceed 45 percent of total Medicare outlays
- 2020 is the projected date that Hospital Insurance Part A trust fund will be exhausted, the annual income will be sufficient to pay about 79% of the promised benefits
Our Congress (House and Senate) is Missing in In-Action:
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