More than 10% of GDP will be spent on Medicare by 2083, new analysis finds
May 20, 2010
Medicare increasingly will become more expensive, and eventually surpass the cost of Social Security, according to a new report from the boards of trustees for Medicare and Social Security.
New Medicare payment board to play role in lowering deficit, Orszag says
Apr 12, 2010
An Independent Payment Advisory Board (IPAB) established under the healthcare reform act will help to ensure the nation’s future fiscal health, Office of Management and Budget Director Peter Orszag...
Bernanke: Medicare, Social Security could be casualties of mounting deficit
Apr 09, 2010
The growing deficit could force the federal government to raise taxes or change entitlement programs, such as Medicare and Social Security, Federal Reserve Chairman Ben S. Bernanke said this week.
Seniors who work longer could be helping to save Medicare, Social Security
Apr 08, 2010
The growing number of Americans who decide to delay retirement could take some of the financial burden off the two programs, an analysis by a research organization finds.
Release of annual Medicare report delayed to calculate effects of reform
Apr 07, 2010
Publication of the annual report detailing the financial health of the Medicare and Social Security programs will be three months later than usual to determine the effect of the healthcare reform law on...
Senior advocacy groups call for rights, protections for LGBT seniors
Mar 18, 2010
State and federal lawmakers should find a way to legally recognize same-sex elderly couples to extend social supports, financial security and healthcare benefits to gay, lesbian, bisexual and transgender...
As life spans expand, so do Medicare, Social Security costs, study finds
Dec 15, 2009
By 2050, Americans could be living three to eight years longer than current government projections. That could result in significantly higher costs to Social Security and Medicare, a new study released...
Medicare Part B premium freeze put on ice
Oct 12, 2009
A measure that would prevent a cut to Social Security payments failed in the Senate. As a result, rising Medicare Part B premiums are expected to adversely affect 27% of Medicare beneficiaries.