By David Thiessen
•
August 15, 2025
Episode 2123 notes Why is Medicare Going Broke, Can Medicare Survive? We separate Medicare Fact from Fiction This episode was carefully and exhaustively researched by our assistant producer, Nate Haldeman. When you watch or listen to the episode, you can refer back here and using the list below, click the links to read the actual sources we have drawn the information from. Most are government sites, some are verified news stories that quote the data used. We hope you find this useful! Please contact the show (links below) to comment on any of the information presented. Thank you! -Cary Hall By 2033, the Medicare Hospital Trust Fund will be unable to pay full benefits. [i] More people are retiring, and fewer workers are replacing them. [ii] Waste and Fraud – Medicare wastes $50-$60 Billion per year with improper payments [iii] Case example, Florida man convicted for scamming Medicare out of $61 million. [iv] Solutions for Medicare: Raise the eligible age to 67 or 68. [v] Obamacare & ACA has doubled the cost of individual health insurance [vi] Federal Subsidies for ACA now exceed $100 Billion annually [vii] Short term (non ACA) health plans cost 50%-80% less than ACA plans for healthy people [viii] [i] https://apnews.com/article/social-security-medicare-trust-fund-trump-74e13292f510739724a555d7ded7c1a3 [ii] https://www.medpac.gov/wp-content/uploads/2025/03/Mar25_MedPAC_Report_To_Congress_SEC.pdf [iii] https://www.cms.gov/newsroom/fact-sheets/fiscal-year-2024-improper-payments-fact-sheet [iv] https://www.justice.gov/opa/pr/durable-medical-equipment-owner-sentenced-12-years-61-million-medicare-fraud-scheme [v] https://www.crfb.org/blogs/cbo-lowers-estimate-increasing-medicare-eligibility-age [vi] https://www.heritage.org/health-care-reform/report/obamacare-has-doubled-the-cost-individual-health-insurance# [vii] https://www.pgpf.org/article/how-does-the-federal-government-subsidize-healthcare-under-the-aca-and-what-does-it-cost/ [viii] https://www.dpcare.org/about-dpc and https://www.congress.gov/crs-product/pdf/IF/IF11345/ This is episode 2123 of America's Healthcare Advocate . Learn about me, Cary Hall: America’s Healthcare Advocate: I have a strong desire to empower my fellow Americans and cancel the noise and confusion surrounding the US healthcare system. My goal is to enable you to become the expert for your own healthcare management, saving you time, money, and effort. Learn even more: https://www.americashealthcareadvocate.com As always, if you need help or have something to share? Contact me with this form on my website and let me know what's on your mind, the issues you are dealing with, or other health, healthcare, and health insurance questions and concerns. https://www.americashealthcareadvocate.com/contact-us