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Medicare: History of Part A Trust Fund Insolvency Projections
Almost from its inception, the HI trust fund has faced a projected shortfall. The insolvency date has been postponed a number of times, primarily due to legislative changes which had the effect of restraining growth in program spending. The 2006 report projects that, under intermediate assumptions, the HI trust fund will become insolvent in 2018, two years earlier than projected in 2005. The revision reflects slightly higher costs and an upward revision in short-range assumptions about utilization of HI services. The 2006 projection is eight years earlier than that projected in 2003, prior to the enactment of MMA. That law added to HI costs, primarily through higher payments to rural hospitals and to private plans under the MA program.
This package includes following files:
| # | File Name | Document Date | Order ID: | Number of Pages | Price | |
|---|---|---|---|---|---|---|
| 1 |
RS20946_05_15_2007.pdf
|
May 04, 2006 | RS20946 | 4 | $19.95 | Add to Cart |
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