Joseph Pitts actually said...

There would be insufficient funds to pay for all Part A reimbursements to providers.

There are no provisions in the Social Security Act that govern what would happen if insolvency were to occur.

As long as the Medicare trust fund has a balance, the Treasury Department is authorized to make payments on behalf of seniors.

And, generally speaking, our biggest problems are with the dual eligibles between the age of 20 and 40.