Medicare Is Not "Bankrupt"
Health Reform Has Improved Program's Financing
Although Medicare faces financing challenges, the program is not on the verge of bankruptcy or ceasing to operate. Such charges represent misunderstanding (or misrepresentation) of Medicare's finances.
Medicare's financing challenges would be significantly greater without the health reform law (the Affordable Care Act, or ACA), which substantially improved the program's financial outlook.
View the full report:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3532
http://www.cbpp.org/files/7-12-11health.pdf 3 pp.
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