The Status of the Medicare HI and SMI Trust Funds: The Trustees' 2006 ... Medicare Resource Center

The Status of the Medicare HI and SMI Trust Funds The Trustees' 2006 Annual Report

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Report Home Financial transactions of the Medicare program operate through two trust funds. The Federal Hospital Insurance (HI) Trust Fund finances Medicare Part A, which covers inpatient hospital, home health, skilled nursing facility, psychiatric hospital, and hospice care services. The Federal Supplementary Medical Insurance (SMI) Trust Fund finances the new Part D prescription drug benefit, and Part B, which covers physician visits, outpatient services, some mental health services, durable medical equipment, some preventive services, and home health visits not covered under Part A. This AARP Public Policy Institute Data Digest summarizes the current and projected financial status of these trust funds, as determined by the Trustees in their year 2006 report to Congress. (6 pages) Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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