Sunday, June 02, 2019

News - Upcoming Medicare Insolvency Poses Big Challenges for Government, Individuals | Heartland Institute

News - Upcoming Medicare Insolvency Poses Big Challenges for Government, Individuals | Heartland Institute

  • Medicare’s assets will be depleted by 2026, the 2019 Medicare Board of Trustees Annual Report states.

"In 2018, expenditures for Medicare Part A exceeded income by $1.6 billion, and the Annual Report projects deficits for all future years until the trust fund becomes insolvent in 2026. 
...“Those with modified adjusted gross income under $85k or $170K, single or joint [filing, respectively], will be held harmless, and their Social Security check will remain mostly the same,” said Klein. See the source image
“Those with higher incomes will pay more.”..."
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