At its current pace, the Medicare Hospital Insurance Trust Fund will run out of money in 2028, according to the June 2022 Medicare Trustees Report. That’s a two-year extension from the previous estimate. , but experts say it’s still not good news and the government needs to stop twiddling its thumbs. Here’s what you need to know.
If the Medicare Hospital Insurance trust fund is depleted, that doesn’t mean Medicare Part A will implode. But the program will not have enough revenue to cover all operating costs, with a revenue shortfall of around 10% from 2029.