MedPage Today May 7, 2024
— Projection is 5 years longer than last year’s prediction
The Medicare Hospital Insurance Trust Fund is expected to remain solvent until 2036, 5 years longer than projected last year, the Medicare trustees said Monday in their annual report to Congress, but they also expressed concern about low payment rates to physicians.
The longer hospital trust fund solvency is “largely due to greater income and lower expenditures than was projected last year,” a senior administration official said on a call with reporters. “Income was projected to be higher because the number of covered workers and average wages per worker were both projected to be higher than last year’s estimate.”
On the other hand, “expenditures were projected to be lower in...