Medicare Trustees Extend Insolvency Date To 2036, Cite Lower-Than-Expected Inpatient, Home Health Costs

The Medicare Trustees Report unveiled Monday (May 6) estimates the fund will deplete in 2036, five years later than previously expected, with trustees citing a better economy and lower-than-expected expenses resulting from lower-than-expected inpatient hospital and home health agency costs and the exclusion of medical education expenses from costs used when developing Medicare Advantage spending. The report continues a trend that started last year, when trustees predicted the fund would be depleted in 2031 -- three years later than the...