Medicare’s hospital trust fund remains on track to cover all obligations until 2030,
the Social Security and Medicare boards of trustees said in their annual report released last week. In 2030, Medicare would be able to pay 86% of costs, according to the report. Medicare is adding 10,000 new beneficiaries a day as baby boomers reach age 65. But so far, the demographic shift has not overwhelmed the program with costs because for the most part boomers are healthier than older generations of Medicare beneficiaries. That has had a positive effect on the bottom line, helping to hold down per-beneficiary costs. Still, the trustees, some of whom were appointed by President Barack Obama, are pushing for lawmakers to adequately fund the programs.