Medicare Trust Fund news from FierceHealthcare
NewsMedicare trust fund will be out of money by 2024
The Medicare hospital trust fund is now projected to run out of money in 2024--five years sooner than originally projected, according to a status report compiled by the Medicare trustees. The Read more...
Facilities designer: Medicare is 'the biggest Ponzi scheme of all time'
America is falling victim to the "the biggest Ponzi scheme of all time," according to Marc Sauvé, senior healthcare strategist for Nashville, TN-based architecture firm Gresham, Smith and Read more...
SPOTLIGHT: Medicare funds should be gone by 2017
Here's grim (if not surprising) news: Trustees are estimating that the Medicare trust fund will be exhausted in 2017, two years earlier than they'd previously expected. Medicare's annual costs were Read more...
CMS: RAC program has recovered more than $1B
CMS has released a new report stating that Medicare has recovered more than $1 billion through the Recovery Audit Contractor program since 2005, with 85 percent of the money having been taken back Read more...
| Press ReleasesNearly 4 Million Medicare Beneficiaries Receive Help with Prescription Drug Cost under Affordable Care ActSavings from new drug discounts in 2011 already total $38 million WASHINGTON--(BUSINESS WIRE)-- Through provisions of the Affordable Care Act, nearly 4 million people with Medicare who reached the Read more >> New Report Shows Affordable Care Act Savings of $3,500 for Medicare BeneficiariesLower prescription drug costs, reduced waste, fraud, and abuse, and improvements to care quality and increased system-wide efficiency will reduce costs in traditional Medicare WASHINGTON--(BUSINESS Read more >> Trustees Announce Solvency of Medicare Trust Fund Extended By 12 Years to 2029News Release FOR IMMEDIATE RELEASEThursday, August 5, 2010 Contact: HHS Press Office(202) 690-6343Trustees Announce Solvency of Medicare Trust Fund Extended By 12 Years to 2029 Affordable Care Act Read more >> |
