Categorized | Colorado News, National News, News

Medicare Trust Fund Could Be Depleted by 2026

The Board of Trustees for the Medicare Trust Fund released their annual report on Tuesday, June 5.  It expressed concern that the Medicare trust that funds Medicare Part A will be depleted two year’s earlier than projected in last year’s report, if decisive action is not taken by Congress and the Administration.     The 2026 date would mean that 100 percent of its costs would not be covered but the fund would maintain the ability to  cover as high as 90 percent of its expenses at that time.

Under current projections, the Social Security Trust Fund is expected to remain solvent until 2034.

Read the Medicare Trustee Annual Report for 2018.

Read more at The Hill.

Read more in Investment News.

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HCCA, publishers of the Colorado Managed Care Newsletter, began reporting on the financing of healthcare in Colorado in December of 1983. As we begin our 33rd year, we are grateful for the opportunity to be one of your sources of information in this ever-changing, healthcare market.