Discover and read the best of Twitter Threads about #trustfunds
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🚨NEW🚨 Today's trustees reports show that the #SocialSecurity and #Medicare Hospital Insurance (HI) #trustfunds are rapidly approaching insolvency; these funding imbalances will require #TrustFundSolutions to prevent broad benefit cuts.
More: crfb.org/blogs/trustees….
More: crfb.org/blogs/trustees….
➡️OASI depletion will occur by 2034, while SSDI will not deplete within the projection window.
On a theoretical combined basis, assuming revenue is allocated between the trust funds in the years between OASI and SSDI insolvency, #SocialSecurity will become insolvent by 2035. ⤵️
On a theoretical combined basis, assuming revenue is allocated between the trust funds in the years between OASI and SSDI insolvency, #SocialSecurity will become insolvent by 2035. ⤵️
➡️Upon insolvency, all beneficiaries will face a 20% across-the-board benefit cut, which will grow to 26% by 2096. The Trustees estimate a 75-year actuarial shortfall of 3.42% of taxable payroll for #SocialSecurity – lower than 2021's estimate, but higher than any prior year.
Daily Bookmarks to GAVNet 10/09/2021 greeneracresvaluenetwork.wordpress.com/2021/10/09/dai…
Mortality, Length of Stay, and Healthcare Costs Associated With Multidrug-Resistant Bacterial Infections Among Elderly Hospitalized Patients in the United States
academic.oup.com/cid/advance-ar…
#elderly #MultidrugResistantBacteria #InfectionPrevention #consequences #StudyReport
academic.oup.com/cid/advance-ar…
#elderly #MultidrugResistantBacteria #InfectionPrevention #consequences #StudyReport
