Fortune December 30, 2023
You may have heard that Medicare is expected to run out of money in 2031, about eight years from now. Although that’s not exactly true, the program is facing serious headwinds that should concern anyone on Medicare or approaching the enrollment age of 65.
“Something must be done between now and 2031 to avoid more severe cuts to Medicare or other changes,” says Tricia Neuman, executive director of the Program on Medicare Policy at KFF, a nonpartisan health research nonprofit.
But Dr. Tanya Feke, author of Medicare Essentials: A Physician Insider Reveals the Fine Print says: “All is not lost. There is time to course correct and make Medicare solvent and even stronger.”
What’s unknown is whether Congress and the...