Ahead of Budget Release, President Biden Releases Plan for Extending Medicare Solvency

Ahead of Budget Release, President Biden Releases Plan for Extending Medicare Solvency

Ahead of the President’s fiscal year (FY) 2024 budget release, President Biden provided details on the Administration’s plan to extend Medicare solvency by 25 or more years and lower costs for beneficiaries. The White House details that the budget will feature the following proposals to extend the solvency of Medicare’s Hospital Insurance (HI) Trust Fund: Moderately increasing the Medicare tax… (Slifer, March 7, 2023) #Budget, #Drug Pricing, #Mental and Behavioral Health