Book Detail
Edition:
Release: 2012-04-09
Publisher: Congressional Research Service
Binding: Kindle Edition
ISBN/ASIN: B007U8J53S
Format: hardcover, kindle, PDF, EPUB
Medicare Trigger pdf
Description
The Medicare Prescription Drug, Improvement and Modernization Act of 2003 (MMA, P.L. 108- 173) requires the Medicare Board of Trustees to provide in its annual reports an expanded analysis of Medicare expenditures and revenues (§801 of MMA). Specifically, if the trustees determine that general revenue funding for Medicare is expected to exceed 45% of Medicare outlays for the current fiscal year or any of the next six fiscal years, a determination of excess general funding is made. If the determination is issued for two consecutive years, a funding warning is issued which triggers certain presidential and congressional actions (§802-§804 of MMA).
Because such a determination was issued in both the 2006 and 2007 Medicare Trustee’s reports, the President was required to submit a legislative proposal to Congress within 15 days of submitting his budget in 2008 that would lower the ratio to the 45% level. Similarly, each of the subsequent Annual Reports of the Boards of Trust Download Medicare Trigger for free via rapidshare, mediafire, 4shared, dropBox, uploading, fileserve
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