As a follow-up to my August 19 post about the ABCs (and D) of Medicare, it's only appropriate to talk about its long-term solvency. Rising medical costs and the wave of baby boomers approaching retirement are gong to have an impact on the program. It is expensive and there have been many dire warnings about how it could totally swamp the Federal budget. But things aren't as bad as once predicted. This new study, as reported in the New York Times, shows that Medicare costs are trending down. Let's hope this trend continues!