Rising Medical Costs a Threat to Senior Care
- 00:02:20
- Icyou
Rising Medical Costs a Threat to Senior Care
According to a USA Today analysis, medical costs are the biggest reason why government benefits for seniors increased 24 percent above the inflation rate since 2000. From a public health care perspective, the outlook is precarious. In March, Medicare trustees issued a report saying Medicare's Hospital Insurance Trust Fund will be empty by 2019. Advocacy groups like AARP are working to draw more attention to what many are calling a “healthcare crisis.” AARP, Business Roundtable, Service Employees Union and the National Federation of Independent Business are campaigning to find solutions for affordable, quality health care and long-term financial security for Americans. For more information visit: www.aarp.org/issues/dividedwefail
Icyou | July 14, 2008
