The Policy Implications of Medicare’s New Measure of Financial Health
Publication Date: October 2005
Publisher: Henry J. Kaiser Family Foundation
Author(s):
Research Area: Health
Type: Report
Coverage: United States
Abstract:
This report examines a new measure of Medicare’s financial health established by the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (MMA). The report, authored by Marilyn Moon, who was a public trustee for the Social Security and Medicare trust funds and is now of the American Institute for Research, takes an in-depth look at the program's new solvency test which measures general revenues as a share of total Medicare spending.
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