The Medicare Trustees report released this year says that this competition will continue to drive savings.
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The Medicare Trustees report says that this competition will continue to drive savings.
The Medicare Office of the Actuaries has included two graphs in the latest Medicare Trustees report showing what this will mean.
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"Any member of Congress that makes a statement this week about the trustees report ought to be tracked all year, " he said, to see whether they've voted on recommendations that save money and help Medicare's finances.
Included in the annual Medicare Trustees' report are separate actuarial estimates of the unfunded liability for Medicare Part A (the hospital portion), Part B (medical insurance) and Part D (prescription drug coverage).
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Every year, the Social Security Trustees issue a report on the financial health of Social Security.
The university panicked after the Freeh report was released, she claimed, and Penn State's board of trustees should have challenged the report.
This morning, the Social Security and Medicare Boards of Trustees released a new report that demonstrates how the Affordable Care Act is helping to reduce costs and make Medicare stronger.
"We determined that his decision to do his minimum legal duty and not to do more to follow up constituted a failure of leadership by Coach Paterno, " the board of trustees said in a report that explained his firing.
In their 1998 report, the Trustees projected that Social Security outlays would exceed dedicated payroll tax revenues in 2013, which was then 15 years away.
Even after the board was updated about the Sandusky investigation in May 2011, several trustees recalled in the Freeh Report, no one asked tough questions.
Fast-forward five years to the 2008 Social Security report, and the Trustees were projecting that Social Security would go into the red in 2017, which was then only nine years away.
Days after a grand jury report was released last November, Penn State trustees fired President Graham Spanier and Paterno amid criticism that they could and should have done more.
Insofar as the scheme itself is concerned, Bob could exercise his right to contact the trustees and ask for a copy of the last valuation report (These have to be carried out at 3 yearly intervals).
Asked whether Penn State had any comment on the alleged e-mails, school spokesman David La Torre said the university and board of trustees are "reserving comment" until after Freeh's report is released.
Even more directly, the report directly chastises the university's board of trustees for a failure to exercise its oversight functions and its dereliction in ensuring that it was appropriately and adequately informed of risks to the university.
According to a report from the Social Security and Medicare Board of Trustees, the Social Security system is expected to be solvent until about 2037 -- largely because of the surplus in the Trust Fund -- even though the payroll taxes flowing in stop being enough to cover the expenses flowing out in 2017.
He also disputed accusations made in the report that he and other university officials kept the board of trustees in the dark about the abuse accusations.
In the report that came out five years later, in 2003, the Trustees projected that the year that costs would surpass tax receipts was still 15 years away (2018).
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