Status of Medicare's Federal Hospital Insurance Trust Fund

Gao ID: T-HEHS-96-94 February 29, 1996

This testimony focuses on GAO's ongoing review of the status of Medicare's Federal Hospital Insurance (part A) Trust Fund. GAO discusses (1) when the administration became aware that the trust fund had an operating deficit--that is, cash outlays exceeded cash receipts--of $36 million for fiscal year 1995 and how the information was disseminated and (2) what the status is of current projections regarding the trust fund.

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