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Transcripts For CSPAN3 Medicare Actuary Provides Update On Trustees Annual Report 20170714

Nothing keeps you absolutely safe. Thats the unfortunate fact of life. We are live this morning as the medicare board of trustees is meeting to look at what Congress Plans to do on medicare and medicaid coverage. This is live coverage. Its just getting underway. My name is joe and im in Health Care Retirement policy at aei. I will be introducing the panel in just a second. I did want to highlight a few things that the trustees said in their report. Perhaps their biggest concern has to do with the outlook as they said in their summary, a major concern has to do with the growth of Health Care Innovation which has positives and negatives. The positive is that with modern technology and modern techniques we are able to address the Serious Health conditions of many more people than we have in the past. While most technological advances have tended new the Health Care Landscape is shifting. No one knows if it will inkrocre or decrease costs. Let me also sight a critical point that the truste

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