The Hospital Insurance Trust Fund will be fully solvent for longer than previously projected, according to an annual Medicare Trustee report. Though the report details “significant financing issues,” the program will be able to pay all scheduled benefits until 2036, seven years later than reported in 2023 and five years later than the most recent report indicated. The Biden administration views the report in a positive light as a result of its economic and health policies, including the Inflation Reduction Act.
Read the full article: Medicare Hospital Trust Fund Extended by 5 Years to 2036 //
Source: https://www.fiercehealthcare.com/payers/medicare-hospital-trust-fund-extended-five-years-2036