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March 20, 2013 - In its “Fact Checker” section, the Washington Post has confirmed key statistics that, as they continue, threaten the solvency of the Medicare program. Verifying a comment from Senator John Barrasso (R-WY) that beneficiaries about three dollars in Medicare benefits for every one dollar they paid in taxes during their working years, Post fact checker Glenn Kessler noted that an average wage-earned retiring in 2013 would have paid approximately $99,000 in lifetime Medicare taxes and receive $311,000 in benefits.
Our newest Benefits 101 training webinar focuses on Medicare: its history, how and when clients should enroll, the four parts and what they cover, and the implications of the Affordable Care Act on people with Medicare. This training is ideal for new counselors, volunteers, or anyone who would like a refresher course on Medicare.
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It is essential that we protect Medicare's future. For nearly half a century, the program has provided essential healthcare services to tens of millions of older Americans and individuals with disabilities.
Now, though, Medicare faces serious challenges posed by an aging population and by a program structure that many experts believe is not sustainable for future retirees. This site will host information and activities that we hope will inform a much-needed public debate, one that will help guide policymakers in ensuring that we have a strong, reliable Medicare tomorrow.
Medicare is a vital healthcare lifeline for millions of older Americans and their families. But the number of active workers paying into Medicare isn’t keeping up with the rising number of beneficiaries.…more - download PDF