Tag: solvency
Medicare: 'We have a lot of work ahead of us'
April 24, 2012HME News Staff
WASHINGTON - Medicare should remain solvent in the short-term, but its future is still unknown, according to the annual Medicare Trustees Report released this week.Medicare is expected to remain solvent until 2024, the same year shown in last year's report.“The Trustees Report tells us that while Medicare is stable for now, we have a lot of work ahead of us to guarantee its future,” stated Acting CMS Administrator Marilyn Tavenner in a press release.In 2011, Medicare covered 48.7 million...