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Medicare Trustees Predict Hospital Fund To Run Out In 2031

On March 31, 2023, the Board of Trustees for Medicare released their most recent report to Congress on the financial operations and actuarial status of Medicare. According to the report, the Medicare Hospital Insurance (HI, also known as Medicare Part A) trust fund will have funds to pay for Part A benefits until 2031. At that point, that reserves will be depleted, and continuing income will be needed to pay 89% of the total scheduled benefits.

The estimated 2031 date is …

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