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Medicare premiums will increase in the y...

For many Americans, Medicare premiums will increase in the year 2017. On New Year’s Day, 2011, the first baby boomers celebrated their 65th birthdays. Baby boomers are the 77 million Americans born between the years, 1946 and 1964. Since that first day of 2011, baby boomers have been turning 65 at a rate of 10,000 per day, and that daily rate will continue until the year 2030. What’s that got to do with Medicare premiums in the year 2017? The difference between the benefits promised and the taxes actually being paid into Medicare is already underfunded by at least $23...
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