The Congressional Budget Office (CBO) regularly updates the Congress on its projections of the Hospital Insurance (HI) Trust Fund’s financial position as well as changes in its outlook on that position. The HI trust fund is used to pay for benefits under Medicare Part A, which covers inpatient hospital services, care provided in skilled nursing facilities, home health care, and hospice care. The CBO estimates that the HI trust fund’s balance is exhausted in 2040. The balance generally increases through 2031, but spending begins to outstrip income in the following year. The year in which the HI trust fund’s balance is exhausted in the CBO’s current projections, 2040, is 12 years earlier than in the CBO’s most recent estimate of that date, which was published in March 2025.
Read the full article: CBO’s Updated Projections of the Hospital Insurance Trust Fund’s Finances //
Source: https://www.cbo.gov/publication/62165