The findings of the Medicare trustees are alarming. Medicare's Hospital Insurance trust fund is expected to go bankrupt five years sooner than last year and was forced to redeem $32.3 billion in bonds last year so that it could pay medical claims. It is critical that the American people understand just how dire Medicare's finances are.
Herger emphasizes the urgent financial crisis facing Medicare.
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We ultimately need to bring competition and market forces into the Medicare program in order to reduce costs.
The Medicare program is in dire need of reform and improvement so that it meets the health care needs of its beneficiaries in the 21st century.
It is puzzling why CMS has not taken commonsense steps to protect Medicare beneficiaries from preventable identity theft by removing Social Security numbers from their Medicare cards.
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