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2021 Medicare Trustees Report

2021 ANNUAL Report OF. THE BOARDS OF Trustees OF THE. FEDERAL HOSPITAL INSURANCE AND. FEDERAL SUPPLEMENTARY MEDICAL INSURANCE. TRUST FUNDS. COMMUNICATION. From THE BOARDS OF Trustees , FEDERAL HOSPITAL INSURANCE AND. FEDERAL SUPPLEMENTARY MEDICAL INSURANCE. TRUST FUNDS. Transmitting THE 2021 ANNUAL Report OF. THE BOARDS OF Trustees OF THE. FEDERAL HOSPITAL INSURANCE AND. FEDERAL SUPPLEMENTARY MEDICAL INSURANCE. TRUST FUNDS. LETTER OF TRANSMITTAL. _____. BOARDS OF Trustees OF THE. FEDERAL HOSPITAL INSURANCE AND. FEDERAL SUPPLEMENTARY MEDICAL INSURANCE TRUST FUNDS, Washington, , August 31, 2021. HONORABLE N ANCY PELOSI, Speaker of the House of Representatives HONORABLE KAMALA D. HARRIS, President of the Senate DEAR MADAM SPEAKER AND MADAM PRESIDENT : We have the honor of transmitting to you the 2021 Annual Report of the Boards of Trustees of the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund, the 56th such Report .

short-term financing and spending, it is not expected to have a large effect on the financial status of the trust funds after 2024. As discussed throughout the report, the key measures of the financial adequacy for each trust fund shown in this year’s report are fairly comparable to those included in last year’s report.

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