After years of trying to squash the expansion of government-funded health care and preserve business from private payers, the health care industry is suddenly facing new threats to the revenue it receives from the Medicare. Behind all of the political posturing around sustaining the program is a cold, hard fact — the program’s trust fund is expected to go bankrupt as soon as 2028, reports Axios. To prevent that from happening, lawmakers have three options: raise taxes, cut benefits, or cut payments to the health care industry. Read more.
Health Industry Could Be Playing Defense on Medicare
