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Trustees: Medicare Fund Broke By 2019 (RedNova) The U.S. Medicare


Trustees: Medicare Fund Broke By 2019 (RedNova)
The U.S. Medicare trust fund will be in the red by 2019, the program's trustees said in a report released Monday. That estimate is one year later than last year's prediction because of a slight decrease in projected expenditures and a slight increase in projected revenue.

Aetna Earnings Rise on Membership Gains (New York Times)
The health insurer reported an 8 percent increase in first-quarter profits pointing to membership growth as proof that consumer marketing applied to health insurance is working.

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.

Thousands of Coloradans still hesitate to sign up for Medicare s drug benefit (The Daily Sentinel)
Dorothy Steidley said even though she uses nearly a dozen prescription drugs on a daily basis and her friends have pressed her to sign up for the Medicare prescription drug benefit, she has not relented.

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