LA Times: Medicare in poor financial health, trustees say

Medicare in poor financial health, trustees say
Its problems will eventually be worse than Social Security's, an annual report warns. But some observers see a manufactured crisis.

By Ricardo Alonso-Zaldivar and Joel Havemann, Times Staff Writers
May 2, 2006

WASHINGTON — The financial condition of Medicare is growing progressively worse and its problems will eventually eclipse those of Social Security, the trustees of the government's two biggest social programs reported Monday.