Skilled Nursing News February 21, 2019
Public-private partnerships will form the basis of comprehensive Medicare reform as the baby boom population ages, former Speaker of the House Paul Ryan predicted Thursday morning in remarks at a major skilled nursing and senior housing industry conference.
“I believe the future for Medicare is in the Medicare Advantage type of space,” Ryan, a Wisconsin Republican, said during a keynote discussion at the National Investment Center for Seniors Housing & Care’s (NIC) spring conference in San Diego.
Ryan, who left office in January after declining to run for re-election, lauded Medicare Advantage plans as a way to stave off potential financial disaster to the Medicare program, which will see a projected trust fund insolvency by 2026.