Rep.
David B. McKinley, P.E. (R-WV) served as the keynote speaker at an event
Wednesday discussing Medicare post-acute care reforms at the National Press
Club in Washington, D.C.
McKinley
made his remarks at an event hosted by the Alliance for Home Health Quality and Innovation and noted experts
predictions that Medicare will become unable to operate properly in the coming
future.
"With
10,000 new participants added every day, experts are now predicting the
Medicare trust fund will become insolvent by 2024 and healthcare spending, in
general, is on track to total $2.7 trillion in 2012," he said.
According to a news release, a
comprehensive analysis of Medicare claims released Wednesday by Dobson DaVanzo and
Associates, found the Medicare program could save upwards of $100 billion over
the next 10 years.
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