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Medicare, Social Security now expected to run out quicker: See the dates and why
"Current-law projections indicate that Medicare still faces a substantial financial shortfall that needs to be addressed with further legislation. Such legislation should be enacted sooner rather than later to minimize the impact on beneficiaries, providers, and taxpayers," the trustees state in the report.
The Social Security crisis is coming one year earlier than we thought
New federal projections, released on June 18, show that the combined Social Security trust funds will pay 100% of benefits until 2034 before becoming depleted. That date is one year earlier than the Social Security Administration reported a year ago.
The U.S. Social Security and Medicare programs for older people will both run short of funds to pay full benefits in 2033, ...
Medicare "Part E" would be self-sustaining, funded by premiums, and available through all state and federal health exchanges.
Both programs are expected to need to cut monthly benefits in less than a decade as their trust funds run dry.
UnitedHealth Group Inc. is cutting commissions for brokers on some Medicare Advantage plans, according to documents reviewed ...
After years of legal battles, Mayor Adams’ administration got a green light from New York’s highest court Wednesday to shift ...
The Adams administration notched a win in court today as it seeks to move city retirees onto private Medicare Advantage plans ...
The Medicare and Social Security Trustees released their annual reports on the financial status of the trust funds.
The court found that retirees aren’t entitled to traditional Medicare. The Organization of Public Service Retirees urged the ...
The latest projections come amid bitter political and legal fights over the Trump administration’s early efforts to crack down on alleged fraud in Social Security programs.
If you decide to stick with original Medicare, you'll need a Part D drug plan to go along with Parts A (hospital care) and B ...
Popular Risk Services LLC has launched a pilot program to help consumers in Puerto Rico navigate Medicare Advantage health ...
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