The Hospital Insurance (HI) Trust Fund is Only Five Years from Insolvency. The Trustees project the trust fund will be depleted by 2026, the same year they projected in their prior (pre-COVID) report. This is the closest the trust fund has been to insolvency since 1997. The 2021 Medicare Trustees Report estimates that Medicare’s hospital insurance trust fund will be insolvent in 2026. From then on, it will rely on incoming revenues, but there isn’t enough cash.
In 2026, the hospital insurance fund will be able to cover only about 91 percent of its bills. After that, the gap will […]
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