MedPAC Eyes Bold Action To Solve Trust Fund Insolvency

After the Congressional Budget Office estimated that the Medicare Trust Fund will become insolvent two years sooner because of the pandemic, Medicare Payment Advisory Commission members said at a meeting on Thursday (Sept. 3) they want to be bold with their recommendations to Congress next year. Nearly every MedPAC member was concerned with the financial health of the Medicare Trust fund, which the trustee’s most recent report said would be insolvent in 2026 without taking into account the COVID-19 pandemic...