Tag: Medicare Trust Fund

WASHINGTON - Part of the Medicare Trust Fund will run out of money three years earlier than expected, according to a new report from the Medicare Board of Trustees.The report says Medicare's Hospital Insurance Trust Fund will become insolvent in 2026 and will no longer be able to fully cover inpatient care.The report also says the Supplementary Medical Insurance Trust Fund, which covers Medicare Parts B and D, is expected to be adequately financed in all years, because premium income and general...

BALTIMORE - The Medicare Trust Fund will remain solvent until 2030—four years longer than last year's projections.The Medicare Trustees released a report this week that credits, in part, cost controls implemented as part of the Affordable Care Act (ACA) for the improved outlook.“Thanks to the ACA, we are taking important steps to improve the quality of care for Medicare beneficiaries, while improving Medicare's long-term solvency,” said Marilyn Tavenner, administrator for CMS, in...