Medicare trust fund may shrink faster
Patient Access Weekly Advisor, December 3, 2008
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Healthcare officials warned earlier this year the Medicare Part A trust fund would be depleted by 2019.
It may be even sooner than that.
According to an Associated Press report, the chief actuary for Medicare said this week the struggling economy will create less revenue through payroll taxes than originally projected ? possibly depleting the fund three years ahead of projections.
Read the Associated Press report in the Washington Post.
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