Notwithstanding recent favorable developments, current-law projections indicate that Medicare still faces a substantial financial shortfall that will need to be addressed with further legislation. Such legislation should be enacted sooner rather than later to minimize the impact on beneficiaries, providers, and taxpayers.
Regardless of what you hear from politicians, keep the above in mind. This is the conclusion contained in the 2015 Medicare Trustees Report. Ask your favorite candidate about the above😳
QUINNSCOMMENTARY 
Richard,
I am not sure that there were any favorable developments. All of the improvement is explained by increases to existing estimates. The essence is a question of tense. The favorable developments haven’t occurred yet. They are jobs that do not exist and raises that have yet to be made. Here are the troubling words :
“For the years 2025‑89, the assumed annual real-wage differentials for OASDI covered employment average 1.80, 1.17, and 0.55 percentage points for the low-cost, intermediate, and high-cost assumptions, respectively. The real-wage differential is higher than the assumed values from last year’s report by about 0.04 percentage point for each alternative.”
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