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Key takeaways from the Medicare trustees' report

Health Affairs, August 15, 2014

Depending on which article you read, either the Medicare Trustees think the program is coming to an end, or the news is great and we don't need to do anything. The reality is that the recent Trustees' report contains both positive and sobering news: while costs have been flat for the last two years and growth is expected to moderate for some years to come, Medicare's financing is still not in good shape over the long run. Current law benefits exceed financing to pay for them, and the Hospital Insurance Trust Fund will be unable to pay full benefits in 2030.