In 2007, approximately 44 million people were enrolled in either Part A or Part B. In 2017, Medicare covered over 58 million people with expenditures of $705.9 billion dollars. It is expected that in 2030, Medicare participants will rise to 79 million.
With the Medicare population rising, and expenditures going through the roof, how can Medicare Part A premium be free to 99% of those 65 and older?
MCKNIGHT ADVISORY GROUP
MARCH 1, 2021