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Life Health > Health Insurance > Life Insurance Strategies

Slowdown in health spending buys Medicare more time

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The prognosis wasn’t good. It was terminal. Experts gave it until 2024. But thanks to a slowdown in health spending, Medicare will be able to 100 percent of benefits through 2026. This slowdown certainly is not a fountain of youth; trustees say the program is still facing significant shortfalls. An act of Washington is about all that can save Medicare.