It previously was 2035
in 2034, accelerating by a year because of lost tax revenue during the pandemic, while Medicare’s main trust fund will be empty by 2026—unless Congress raises taxes or cuts benefits.
The increase in death rates among Social Security beneficiaries slightly offset the loss in revenue due to unemployment. Medicare’s main trust fund has been projected to run out of money in 2026 for the last several years. The potential impact of the expensive Alzheimer’s drug Aduhelm was not estimated in the Medicare report, officials said, because they can’t estimate its cost until Medicare administrators decide“Policymakers have time to deal with this, but 2026 isn’t so far away,” Tricia Neuman, head of the Program on Medicare Policy at the Kaiser Family Foundation, toldin an email. There are “very real challenges facing our country,” she said, “in terms of financing care for an aging population.
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