The Hospital Insurance Trust Fund, or Medicare Part A, which helps pay for services such as inpatient hospital care, will be able to pay scheduled benefits only until 2028, according to a new report from the Trustees of the Social Security and Medicare trust funds.
While that’s two years later than was originally reported last year, the fund’s reserve will run dry at that point, and continuing total program income will be sufficient to pay 90% of total scheduled benefits.
