MEDICARE’S FISCAL RUIN
THE MOST RECENT annual report on the fiscal health of Medicare from the program’s trustees wasn’t much of a surprise. But it was yet another warning of the program’s looming fiscal ruin.
Like the 2020 edition, the 2021 Medicare Trustees Report estimated that Medicare’s hospital insurance trust fund will be insolvent in 2026. At that point, the fund will have to rely on incoming revenues, essentially
