Fact Based List:
Ricardo Alonso-Zaldivar & Stephen Ohlemacher: 5 Things to Know About the 2015 Annual Social Security and Medicare Trustees Report
Submitted by Anonymous on Thu, 07/23/2015 - 12:48
- Alarms for Disability Program: The disability trust fund is expected to run out of money late next year.
- Cost of Living Increase Is Unlikely: It would mark only the third year without an increase since automatic adjustments were adopted in 1975.
- Medicare Premium Spike?: Some beneficiaries may face steep premium increases for Medicare Part B.
- Price of Postponement: Every year the trustees deliver a sober warning, neither program is adequately financed for the long haul. Meaning benefit cuts, tax increases & reining in health care costs.
- The Basics: 60 mil. people receive Social Security benefits and 55 mil. retirees and disabled people get Medicare.
Source: "5 Things From Annual Check-Up for Social Security, Medicare," AP via The Washington Post, 23 July 2015.
Source URL: http://www.washingtonpost.com/politics/health_care/5-things-...
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