Medicare's Financial Woes: Bigger Than Official Estimates
Medicare is financially unsustainable in its current form. TheMedicare Trustees' 2008 estimate of the program's total excess costs is $85.6 trillion. The Trustees acknowledge an important,flawed assumption used in developing their estimate of excesscosts. If corrected, Medicare's excess costs would increase,underscoring the need to reform Medicare quickly and substantially.
United States Medicare Office Of The Actuary Heritage Foundation Thomasa Roe Institute For Economic Policy While Congress Medicare Trustee Annual Report
Source: heritage.org