The reform law will forestall insolvency by restraining growth of Medicare costs and increasing revenue to the Medicare trust fund by raising payroll taxes and imposing a new Medicare tax on investment income.
However, the trustees warned the hospital insurance trust fund still faces insolvency in the long term.
Read the New York Times report on Medicare.
Read more recent coverage on Medicare:
– Medicare Disparity Payments to Hospitals by State for FY 2011
– AHA Report: Bundled Payments Could Reduce Spending, Spur Quality Improvement
– Urban Areas With High Value of Health Services Have Effective Hospital Management
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