Latest Medicare Update November 20, 2008 at 03:50 AM

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Medicare financial alarm sounded (Los Angeles Times) Trustees warn that


Medicare financial alarm sounded (Los Angeles Times)
Trustees warn that the program's mammoth hospitalization trust fund is projected to run a deficit in 2019. WASHINGTON Medicare's trustees warned Monday that the program was in critical financial condition, setting in motion a process that could ignite a fierce debate during the 2008 presidential campaign over benefit cuts and tax increases.

AARP reaction to Medicare and Social Security Trustees reports (News-Medical-Net)
Regularly checking the financial health of critical programs such as Medicare and Social Security is wise. It gives Congress an idea of how much needs to be done to ensure these two programs continue to provide critically needed health and financial security for our nation's families, particularly older Americans and those with disabilities."

AARP Reacts to Medicare and Social Security Trustees Reports (U.S. Newswire via Yahoo! News)
AARP Director of Government Relations David Sloane released the following statement about the 2007 Medicare and Social Security Trustees' Reports:

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