Emerging Regulatory Issues Archive

Medicare to Bankrupt in Fifteen Years
A new report suggests that the new Medicare program may run out of cash by 2019. That’s after you factor in the rising costs of health coverage and prescription drugs, along with the number of baby boomers who will begin collecting benefits in the next ten years. Unless some sort of proactive legislation is introduced to correct the flaws in the original, the nation’s aging boomers may be all out of luck.