Assignment task: In their annual report, the Trustees of the Social Security and Medicare Trust Funds (Social Security Administration, 2018) reported that Medicare (and Social Security) cannot sustain the cost of current benefit levels, without legislative changes (such as higher taxes or reduced benefits). The report concluded that the Medicare Trust Fund will be depleted by 2026. (The full report).
- Should the Medicare program be continued?
- How can the program be saved?
- What are the challenges in preserving this important program?