Medicare Will Remain Solvent Through 2015

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News The Medicare Trustees, on March 30, 1999, issued a report stating that the Hospital Insurance (HI) trust fund will remain solvent until the year 20I5. That projection is based on the most probable economic and demographic assumptions. Previously, the projected depletion of the HI trust fund was 2008. As a result of a robust economy and restrained expenditures by the Health Care Financing Administration (HCFA), and reforms accomplished through the Balanced Budget Act have extended the life of the program and cut the projected 75-year actuarial deficit . . .