Medicare is expected to operate at a deficit this year and is projected to exhaust its reserve funds in 2017—2 years earlier than previously predicted, according to an annual report by the board of trustees overseeing the program (http://www.ssa.gov/OACT/TRSUM/index.html). The trustees cite the recession, the rapidly growing costs of health care, and the aging of the baby boom generation as factors accelerating the decline in the program's finances.
Kuehn BM. Medicare Woes. JAMA. 2009;301(24):2542. doi:10.1001/jama.2009.860