Report
Medicare Is Not “Bankrupt”
The program is not on the verge of bankruptcy or ceasing to operate. Such claims demonstrate misunderstanding of Medicare’s finances.
The program is not on the verge of bankruptcy or ceasing to operate. Such claims demonstrate misunderstanding of Medicare’s finances.
Medicare provides health coverage to people aged 65 and older and to younger adults with permanent disabilities.
We analyze proposals that would affect Medicare (such as replacing its guarantee of coverage with a premium-support voucher) to evaluate their impact on beneficiaries. We also monitor Medicare’s finances and work to ensure that proposals to strengthen its financial health do not unduly burden beneficiaries, such as by slashing benefits or shifting costs to them.