Sunday, June 2, 2013

2013 Medicare Trust Fund Report released Friday

To read report:  http://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/TR2013.pdf

"The trust fund that finances Medicare's hospital insurance coverage will remain solvent until 2026, two years beyond what was projected in last year's report,"

The Washington Post notes that the trustees "also credit lower costs and use rates in 'most ... service categories — especially skilled nursing facilities' — a development that most economists believe is in part due to the recent recession but also to more fundamental efforts to reduce costs throughout the health care industry."

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