{"id":17785,"date":"2021-03-05T09:00:29","date_gmt":"2021-03-05T14:00:29","guid":{"rendered":"https:\/\/medicarereport.org\/?p=17785"},"modified":"2021-03-05T09:01:34","modified_gmt":"2021-03-05T14:01:34","slug":"the-upcoming-medicare-crisis","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=17785","title":{"rendered":"The upcoming Medicare crisis"},"content":{"rendered":"<p>On April 22, 2020, the Medicare trustee\u2019s report was released advising congress that the Medicare trust fund or Part A account faces insolvency in 2026. Insolvency does not mean bankruptcy but it does means that Medicare would not be able to fully reimburse hospitals, nursing homes, and home health agencies for promised benefits. Due to the effects of the COVID-19 pandemic, the Congressional Budget Office last September projected the trust fund insolvency even earlier: 2024. In an opinion column for the Chicago Tribune, Robert E. Moffit writes \u201cpainless solutions are nonexistent. But targeted solutions are available.\u201d To find out what solutions Mr. Moffit is suggesting, click <a href=\"https:\/\/www.chicagotribune.com\/opinion\/commentary\/ct-opinion-medicare-crisis-20210304-se46hsdkyrbczlwvmy7dxazm6q-story.html\">here\u2026<\/a><\/p>\n<p><a href=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/iStock_000025513411Small-700x559-medicare.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-9838\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/iStock_000025513411Small-700x559-medicare-300x240.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/iStock_000025513411Small-700x559-medicare-300x240.jpg 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2018\/03\/iStock_000025513411Small-700x559-medicare.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<pre><strong>Notice:<\/strong> The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>On April 22, 2020, the Medicare trustee\u2019s report was released advising congress that the Medicare trust fund or Part A<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,6],"tags":[],"class_list":["post-17785","post","type-post","status-publish","format-standard","hentry","category-health-care-finance","category-medicare-general"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/17785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17785"}],"version-history":[{"count":2,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/17785\/revisions"}],"predecessor-version":[{"id":17787,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/17785\/revisions\/17787"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}