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US Medicare funding under threat

snipergsniperg Member Posts: 863

"The US social security and Medicare system, which provide pensions and health care for older people,are set to run out of money sooner than expected.

New estimates show that the Medicare trust fund, which pays for hospital care, will run out of money by 2017, and is already running at a deficit.

Social security funds for pensions will be exhausted by 2037, four years earlier than previously projected."

news.bbc.co.uk/1/hi/business/8047355.stm

 

Kind of a scary thought about the younger generation if you ask me. We have the same problem in Greece so these news made me somewhat concerned, that the incident is not an isolated example.

A friend is not him who provides support during your failures.A friend is the one that cheers you during your successes.

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