Does anyone have a prediction for what the Social Security trustees’ report for 2021 will say? It’s already three months late (not unheard of although if it hasn’t been produced by August that will be unheard of). What are the odds that the Medicare trust fund is already depleted or will be within a year or so? IIRC the 2020 report said 2025.
Too many confounders. Lots of elective care didnt happen last year but Covid care cost a lot. Lot of catch up going on now but OTOH about 1% of Medicare pts died, likely a lot of the high cost ones.
Steve
I suspect those are among the reasons that the trustees haven’t produced their report yet. And they don’t want to be the bearers of bad news.
As I’ve observed before making policy is the art of decision-making in the presence of many confounding factors and the absence of complete information.