Medicare’s trust fund will run out of money in just over 10 years, according to a new report from the program’s trustees. The trustees said that if current trends continue, Medicare could be forced into insolvency by 2023.
Medicare’s trust fund will run out of money in just over 10 years, according to a new report from the program’s trustees. Once that happens, the federal government won’t collect enough in payroll taxes to cover beneficiaries’ hospital bills.