“Tom Price says Medicare should remain ‘guarantee’,” by Jack Craver, BenefitsPRO

“‘The challenge that we have, as you well know and your viewers know, is that Medicare is, as some folks have said, going insolvent or going broke,’ [the DHHS Secretary] added. ‘So we believe strongly in the guarantee of Medicare and make certain that it’s a viable, financially secure program going forward so that seniors now and in the future know that it will be there for them.’”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Hopeful thoughts and “guarantees” won’t make Medicare’s trillions of dollars of unfunded liabilities, IOU-laden “trust funds,” and rendezvous with insolvency in the 2030s go away.

Tom Price says Medicare should remain ‘guarantee’

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