The 2016 Medicare Trustees Report says that Medicare is expected to go bankrupt in 12 years. Projected costs are forecast to exceed income, depleting the Medicare trust fund by 2028. These projections are based on current law. Adding postal retirees will drain the Medicare trust fund quicker.
This means future Medicare beneficiaries are facing hefty hikes in Part B premiums, the annual deductible and cost-sharing amounts. Does it make sense to force postal retirees into a bankrupt Medicare system as proposed in the latest postal reform bill — APWU: House Committee Releases Draft Postal Bill?
Don Cheney for Retiree National Convention Delegate – Western Region
First Name: Don
Last Name: Cheney
Union/Local: APWU – Auburn WA Local
Office held if any: Retired President