AARP on Medicare Trustees Report: “Medicare’s accelerating insolvency… will only be fixed by comprehensive reform in 2009.”

Source: AARP Press Center | 2009-05-12

 

May 12, 2009

Contact: AARP Media Relations, 202-434-2560, media@aarp.org

WASHINGTON— AARP Executive Vice President John Rother issued the following statement on today’s release of the Medicare Trustees report.

“This year’s report by the Trustees is yet another clarion call for health care reform.

“Medicare’s accelerating insolvency is largely a result of two problems—an economic recession that is increasing demand on public health programs while lowering revenues, and skyrocketing costs throughout the health care system—that will only be fixed by comprehensive reform in 2009.

“Skyrocketing health care costs are squeezing individuals and employers, as well as threatening the security of Medicare—a lifeline for tens of millions of Americans.

“The good news, however, is that there are health care reform solutions that can strengthen Medicare for future generations as well as those in the program today.

“As the White House and Congress work together on reform legislation, we are telling them that any final package must include the creation of a Medicare follow-up care benefit, which would help people safely transition to their homes or another setting after a hospital stay, coordinate their health care needs and prevent unnecessary hospital readmissions.

“A follow-up care benefit is one of many solutions that, if done right, can lower costs for individuals and improve the quality of health care, all while saving billions of dollars.

“To ensure that Medicare can remain strong for future generations, we also need real health delivery system reform that eliminates waste, inefficiency, and fraud to bring down costs throughout the system. That includes cutting subsidies to private Medicare Advantage plans and improving the coordination of care in both public programs and private plans, as well as reducing drug prices through measures like creating a pathway for generic versions of biologic drugs.

“There will be cynics today who only focus on a symptom—Medicare’s accelerating insolvency—instead of the much larger problem posed by skyrocketing health care costs. At this stage of the game, however, we should all be focusing on solutions.

“We cannot solve the problems in Medicare without addressing the crisis that plagues our entire health care system. Congress and the White House must work together to pass comprehensive reform this year so that our children and grandchildren can count on the same security that Medicare has provided to their families for decades.”

For more information about AARP’s health reform campaign, please visit www.aarp.org/GovernmentWatch.


AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 34.5 million readers; AARP Bulletin, the go-to news source for AARP's 40 million members and Americans 50+; AARP Segunda Juventud, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

More Articles on Press Releases »

shAARPsession

AARP's blog that covers all the happenings at AARP, including advocacy, current events, lifestyle trends, entertainment, and much more.

AARP Member Services & Discounts

Give a great gift and save this holiday season with the Holiday Gift Guide. Find new deals every Monday from top brands! 
  
Get great deals on hotels, vacations, car rentals, and more at the AARP Travel Center powered by Expedia.  

Find Health products that may fit your needs, along with wellness and fitness services.

Talk to our Financial Advisors to help you navigate today's economy.