U.S. Department of Health and Human Services

Medicare trustees release annual report

Published in Managed Care Business Week, April 19th, 2005

The Medicare Trustees Report shows that the financial condition of Medicare's hospital fund has improved slightly and the report also highlights the importance of using the new Medicare law to help reduce the spending growth in other parts of Medicare.

U.S. Health and Human Services Secretary Mike Leavitt said the report shows the importance of new tools added to Medicare that strengthen and improve Medicare, and their key role in addressing Medicare's fiscal health. The improvements include the addition of prescription drug coverage, preventive benefits and new "pay for performance" initiatives.

"Getting Medicare's benefits in line with modern...

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Source: Managed Care Business Week (2005-04-19)

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