Health Affairs June 29, 2022
Every year, the Medicare Trustees provide an update on the financial status of the Medicare program. The report is watched closely by policy makers and researchers because it provides insight into the sustainability of the program and whether changes might be needed to ensure that the benefits promised to beneficiaries will indeed be covered. In turn, it gives rise to policy discussions about how to create a Medicare program that is structurally and financially sound for the millions who depend on it.
As with most recent Trustees reports, this year’s report points to trouble ahead. The Medicare Hospital Insurance (HI) Trust Fund is projected to be depleted in 2028, two years later than projected last year. The reprieve buys time...