Medicare under Pressure: The 2009 Medicare Trustees' Report


Although Medicare is facing a rapidly approaching financing crisis of its own, the need to resolve the program’s structural defects has largely been overlooked in the national health reform debate. With the economy in decline, Medicare is in worse fiscal shape than last year. Yet the White House is relying on Medicare to help finance expansions of health insurance for people under age sixty-five. Can Medicare meet its obligations to seniors despite rapidly rising health costs and shrinking revenues? Will Medicare Part A run short of funds as early as 2015?

The annual Medicare trustees’ report, to be released May 12, provides the latest assessment of Medicare’s fiscal future. Richard Foster, Medicare’s chief actuary, will present this year’s findings. James C. Capretta, formerly the top budget official for health at the Office of Management and Budget; Mark McClellan, M.D., former director of the Centers for Medicare & Medicaid Services; John Rother, a long-time policy expert with AARP; and AEI’s Bill Thomas, former chairman of the House Committee on Ways and Means, will discuss the policy challenges facing the program. AEI’s Scott Gottlieb, M.D., will moderate.

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About the Author

 

Scott
Gottlieb
  • Scott Gottlieb, M.D., a practicing physician, has served in various capacities at the Food and Drug Administration, including senior adviser for medical technology; director of medical policy development; and, most recently, deputy commissioner for medical and scientific affairs. Dr. Gottlieb has also served as a senior policy adviser at the Centers for Medicare & Medicaid Services. 

    Click here to read Scott’s Medical Innovation blog.


    Follow Scott Gottlieb on Twitter.

  • Phone: 202.862.5885
    Email: scott.gottlieb@aei.org
  • Assistant Info

    Name: Kelly Funderburk
    Phone: 202.862.5920
    Email: Kelly.Funderburk@AEI.org

 

Bill
Thomas
  • Bill Thomas, a former chairman of the House Ways and Means Committee, served in the U.S. House of Representatives from 1978 to 2007. During his six-year chairmanship, he guided the enactment of $2 trillion in tax relief, including the Economic Growth and Tax Reconciliation Act of 2001, which reduced all ordinary income tax rates; the Jobs and Growth Tax Reconciliation Act of 2003, which reduced the tax rate on dividends and capital gains; and the Job Creation Act of 2004, which provided significant reforms for corporate tax policy.
  • Phone: 2028625830
    Email: bill.thomas@aei.org

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Wednesday, April 23, 2014 | 12:00 p.m. – 1:30 p.m.
Graduation day: How dads’ involvement impacts higher education success

Join a diverse group of panelists — including sociologists, education experts, and students — for a discussion of how public policy and culture can help families lay a firmer foundation for their children’s educational success, and of how the effects of paternal involvement vary by socioeconomic background.

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Thursday, April 24, 2014 | 12:00 p.m. – 1:30 p.m.
Getting it right: A better strategy to defeat al Qaeda

This event will coincide with the release of a new report by AEI’s Mary Habeck, which analyzes why current national security policy is failing to stop the advancement of al Qaeda and its affiliates and what the US can do to develop a successful strategy to defeat this enemy.

Friday, April 25, 2014 | 9:15 a.m. – 1:15 p.m.
Obamacare’s rocky start and uncertain future

During this event, experts with many different views on the ACA will offer their predictions for the future.   

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