CHA News Article

Insolvency Date of 2024 Still Predicted for Medicare Hospital Trust Fund

As projected last year, Medicare’s hospital trust fund will be exhausted by 2024, according to the Medicare trustees in their annual report. The date would have accelerated without a 2 percent reduction in provider payments scheduled to start in January. The Medicare provider cut is part of a deficit-reduction package Congress and President Obama agreed to last summer. The annual report is attached.