The estimated depletion date for the HI trust fund is 2026, the same as in last year’s report. As in past years, the Trustees have determined that the fund is not adequately financed over the next 10 years. HI income is projected to be lower than last year’s estimates due to lower payroll taxes. HI expenditures are projected to be lower than last year’s estimates because of lower projected provider payment updates and certain methodological improvements, including changes to the time- to-death factors used in the projection model.2021 Medicare Trustee Report
It’s not a new story … and that’s the point. Fixing trusts to a point of sustainability for Medicare (and Social Security) is largely being ignored in favor of new unaffordable programs, student loan forgiveness, inflation creating stimulus, etc.