Medicare Trustees Report Hospital Insurance Trust Fund to be Depleted by 2026

The annual Medicare Trustees report on the financial state of Medicare, released earlier this week, projects funding for the Hospital Insurance (HI) Trust Fund to be depleted in seven years. This projection is unchanged from last year’s Trustees’ report. The trustees oversee Medicare’s two separate trust funds, the Hospital Insurance (HI) Trust Fund, which funds…

CBO Projects a Decade of Strong Growth in Home Health Spending

Federal spending on home health will reach $32 billion a year by 2028, according to projections in the annual revenues and outlays estimates by the non-partisan Congressional Budget Office (CBO). The CBO estimates federal spending on home health rising $1.4 billion per year for the next ten years, reaching $32 billion from the current $18…