Status of the Social Security and Medicare Programs
Source: Social Security and Medicare Boards of Trustees

Social Security and Medicare both present daunting fiscal challenges, though Social Security’s is far more manageable analytically and dollar-wise. Their fiscal problems are driven by inexorable demographic change and, in the case of Medicare, relentless increases in health care costs, and are not likely to be greatly ameliorated by economic growth or mere tinkering with program financing. Prudence dictates action sooner rather than later to address these fiscal challenges.

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This entry was posted on Tuesday, April 24th, 2007 at 1:30 pm and is filed under Consumer issues, Government and politics, Health and healthcare, Health insurance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.