Who Is Going To Pay For The Baby Boomer Explosion When The Medicare Trust Fund Is Insolvent?





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Um, it was insolvent LAST YEAR. Yep, that’s right, 2008, Medicare had to be supplemented with taxpayer money from the general fund. There’s no way, it’s EVER going to be solvent again. There’s no way, at the rate it’s currently running, that it can still be providing half the benefits, at twice the cost, in 10 years.
If you project the annual increases in cost, in the next 25 years, part A alone will be costing each insured person $1,000 a month. Not the $97 a month they currently pay. If you’re lucky, in 25 years, your social security payment will be enough, to cover your part A medicare benefits.
That means, the taxpayers will pay for it. Like Always.




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