A Medicare Trustees report released Tuesday finds that Medicare’s trust fund will be depleted in 2026, three years earlier than last year’s report found.
“The Trustees recommend that Congress and the executive branch work closely together with a sense of urgency to address the depletion of the [trust fund] and the projected growth [in spending],” the trustees report states.
“Consideration of further reforms should occur in the near future,” it continues. “The sooner solutions are enacted, the more flexible and gradual they can be.”
More coverage: http://thehill.com/policy/healthcare/390801-medicare-trust-fund-to-be-depleted-in-2026-trustees-project
https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/TR2018.pdf