CMS Actuary Pushes Medicare Trust Fund Insolvency From 2028 To 2032

The Medicare trust fund is projected to be insolvent in 2032, CMS’ chief actuary says in a March 9 memo -- four years later than the 2022 Medicare trustees report projected -- and Biden’s proposals to extend the life of the trust fund could push it beyond the additional 25 years the White House pointed to as a marker last Tuesday (March 7). “The conclusion of the actuary is that implementation and congressional enactment of the President's budget would extend...