Medicare contributes $1.9 billion to Montana’s economy, equivalent to 19% of state and local government spending in the state, according to a new report from AARP. Medicare also covers more than 203,000 Montanans.
Over 50% of those 65+ in the US rely on Social Security for most of their family income. Though America has evolved over the last 80 years, Social Security has not. With no change to current policy and spending, Social Security can only continue to pay out full benefits until 2034.