tci Medicare Compliance & Reimbursement - 2015 Issue 16

Part A Funding: Future of Medicare Part A Under a Cloud

Good news: CMS has learned how to stretch a dollar. That Medicare Part A needs additional funding is clear from the latest Medicare Trustees’ Report which indicates that it could remain solvent only until 2030. The July 22 release offers some good news, too: the cash drain seems to have slowed, which means that CMS has apparently figured out how to stretch a dollar by slowing expenditure. Nevertheless, Part A spending is growing faster than taxes are coming in to pay for the program, and the Part A coffers will be empty by 2030 unless the government takes action...

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