Current location:World Watchers news portal > world
Medicare and Social Security go
World Watchers news portal2024-05-08 09:25:33【world】0People have gathered around
IntroductionWASHINGTON (AP) — The go-broke dates for Medicare and Social Security have been pushed back as an im
WASHINGTON (AP) — The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday.
Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans.
Medicare’s go-broke date for its hospital insurance trust fund was pushed back five years to 2036 in the latest report, thanks in part to higher payroll tax income and lower-than-projected expenses from last year. Medicare is the federal government’s health insurance program that covers people age 65 and older and those with severe disabilities or illnesses. It covered more than 66 million people last year, with most being 65 and older.
Once the fund’s reserves become depleted, Medicare would be able to cover only 89% of costs for patients’ hospital visits, hospice care and nursing home stays or home health care that follow hospital visits.
Address of this article:http://pitcairnislands.downmusic.org/news-73b599368.html
Very good!(96944)
Related articles
- Boy Scouts of America changes name after 114 years to 'boost inclusion'
- China to lead way in clean energy shipbuilding
- Chinese cargo craft Tianzhou
- Steps to attract more Chinese visitors urged
- Donald Trump moves much of his White House campaign to New York
- East China’s Jinan endeavors to spur growth of AI industry
- Air travel surges thanks to Spring Festival and visa policies
- China's new
- Met Gala 2024: Rita Ora goes nude in a barely
- Luxury shopping over extended holiday heating up
Popular articles
Recommended
Swayman stops 38 shots, Bruins roll past Panthers 5
Xinjiang set to boost air trip business
China deploys in
Peng Liyuan Attends UNESCO Award Ceremony for Girls', Women's Education
A doctor whose views on COVID
Industry sees OpenAI's Sora as a game changer
Nation has right ingredients for culinary success
Why foreign enterprises double down on investment in China
Links
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Ukraine says to agree on military aid from US as loan
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Night landscape against stunning Milky Way in N China
- Chinese researchers develop immunotherapeutic agent for colon cancer
- Singapore PM Lee to step down on May 15 and hand power to his deputy
- Highlights of Chinese government work report
- Lian and Yang win China's 7th diving gold at swimming worlds
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead