Talk of The Villages Florida - View Single Post - Medicare weighs premium cut
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Old 05-13-2022, 06:37 AM
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Quote:
Originally Posted by nn0wheremann View Post
Part B is funded by premium income and general revenue. It is not funded by the Medicare trust fund. That funds Part A, Hospital Insurance. That is why it is called the Hospital Insurance Trust Fund. And yes, it is underfunded.
Note that the Hospital Insurance Trust Fund is not an actual fund, but rather an accounting mechanism. Currently, it is projected to be depleted in 2026. I assume, at that point, it will start adding to the National debt unless the SS payroll taxes are increased. Medicare does not charge a monthly premium for Part A like they do for Part B.