Health Payer Intelligence September 21, 2022
The status of Medicare financing is complex, but with Medicare spending on the rise policymakers need to implement both short- and long-term solutions.
With Medicare spending increasing, finding both short- and long-term solutions for Medicare financing is imperative, an issue brief from Urban Institute found.
“With Medicare spending growing faster than national income historically, and projected to do so into the future, the nation faces increasingly difficult choices between obtaining additional sources of financing that take money away from other public and private uses and reducing Medicare spending,” the researchers explained.
The Medicare program has two components. The first, the Hospital Insurance or Part A component, is expected to run out in 2028 even as the financial demands of...
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