Commonwealth Fund February 23, 2021
TOPLINES
Congress will need to reduce Medicare spending or increase revenues by at least $700 billion to extend the solvency of the Medicare Trust Fund to 2036
A new comprehensive tool for evaluating Medicare savings options assesses the impacts of proposed changes not only on budgetary concerns but also on beneficiaries and providers
Although the COVID-19 pandemic is currently the focus in Congress, other health care priorities will soon come to the forefront. Most notably, Medicare will demand attention, as its financial condition is currently in its worst shape since 1997, when Congress enacted the Balanced Budget Act. The Congressional Budget Office (CBO) projects that the Medicare Part A Trust Fund will...
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