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An In-depth Assessment of the Health of Social Security and Medicare Finances
In a post by Reuters columnist Mark Miller appearing on Morningstar, the recent short-term improvements to the cash reserves of both Social Security and Medicare are analyzed. Describing the impending trust fund depletion dates for both–2035 for Social Security (OASDI), 2028 for Medicare’s Hospital Insurance (HI)–as “too close for comfort” and having long-term problems looming before them, Miller takes a deep look at the problems plaguing these two critical areas and outlines potential improvements that could be considered to ward off the impending insolvency consequences. Check out his very thorough anaylsis here….