Published June 22, 2016 10:52am EDT | Updated June 22, 2016 11:04am EDT

Trustees Say Medicare Fund To Be Exhausted Two Years Sooner Than Estimated

The Medicare Hospital Insurance Trust Fund will have sufficient funds to cover its obligations until 2028, two years earlier than previously projected, trustees announced Wednesday. Social Security's retirement and disability trust fund reserves are projected to be exhausted in 2034, the same year as previously estimated.