Notes on the Atrocities
Like a 100-watt radio station, broadcasting to the dozens...

Tuesday, March 23, 2004  

Medicare Broke

Medicare will have to begin dipping into its trust fund this year to keep up with expenditures and will go broke by 2019 without changes in a program that is swelling because of rising health costs, trustees reported Tuesday.

The deteriorating financial picture for the health care program for older and disabled Americans is a result, in part, of the new Medicare prescription drug law that will swell costs by more than $500 billion over 10 years, according to the annual report by government trustees.

posted by Jeff | 12:47 PM |
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