Release of annual Medicare report delayed to calculate effects of reform
Publication of the annual report detailing the financial health of the Medicare and Social Security programs will be three months later than usual to determine the effect of the healthcare reform law on those programs, according to news reports.
The report, which is typically released around April 1, is now scheduled for publication on June 30, according to an Associated Press report. Once released, it will reflect the impact of healthcare reform on the two programs, according to the AP. Earlier estimates suggested that the Medicare hospital trust fund would gain 10 additional years of solvency under the Senate healthcare plan.
Over the last few years, the board of trustees of the Medicare program has said the Medicare hospital trust fund would go bankrupt in 2019. Social Security trustees expect that program to run out of money in 2041. (McKnight's, 3/26/08)