Immigrants Create Medicare Surplus: Study

Immigrants Create Medicare Surplus: Study

"Immigrants have contributed billions of dollars more to Medicare in recent years than the program has paid out on their behalf, according to a new study, a pattern that goes against the notion that immigrants are a drain on federal health care spending.  The study, led by researchers at Harvard Medical School, measured immigrants’ contributions to the part of Medicare that pays for hospital care, a trust fund that accounts for nearly half of the federal program’s revenue.  It found that immigrants generated surpluses totaling $115 billion from 2002 to 2009.  In comparison, the American-born population incurred a deficit of $28 billion over the same period.  The findings shed light on what demographers have long known: Immigrants are crucial in balancing the age structure of American society, providing an infusion of young, working-age adults who support the country’s aging population and help cover the costs of Medicare and Social Security.  And with the largest generation in the United States, the baby boomers, now starting to retire, the financial help from immigrants has never been more needed, experts said." - Sabrina Tavernise, New York Times, May 29, 2013.