On June 5, 2018, Medicare's Board of Trustees issued its annual report on the state of its two trust funds: the Hospital Insurance Trust Fund (Hospital Fund) and the Supplementary Medical Insurance Trust Fund (Supplementary Fund). The Hospital Fund, known as Medicare Part A, helps pay for hospital stays, home health services following a hospital stay, care in a skilled nursing facility, and hospice care the aged and disabled. The Hospital Fund is financed by taxes on workers' earnings. Thus, the solvency of the Hospital Fund is largely dependent on workers' earnings.
Categories
Archives
Recent Posts
- The Secure Act- What Would It Mean To Retirement?
- It's Not Always True That You Must Start Taking Pension Distributions By April 1 of the Year Following the Year You Turn Age 70½
- What Is the Better Strategy For Achieving Retirement Security? Working Longer? Or Saving More?
- Does It Make Sense to Delay Collecting Social Security Retirement Benefits in Order to Receive a Higher Monthly Benefit?
Subscribe To This Blog's Feed