Medicare trust funds

E131893

Medicare trust funds are federal financial accounts that collect dedicated revenues and disburse payments to support the Medicare program’s health coverage for eligible beneficiaries.

All labels observed (9)

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf federal trust fund ⓘ
public finance mechanism ⓘ
administeredBy U.S. Department of the Treasury ⓘ
alsoKnownAs Medicare HI Trust Fund ⓘ
Medicare SMI Trust Fund ⓘ
beneficiaryEligibility certain younger people with disabilities ⓘ
people with End-Stage Renal Disease ⓘ
primarily people age 65 and older ⓘ
benefits Medicare beneficiaries ⓘ
collects dedicated revenues ⓘ
country United States ⓘ
currency United States dollar ⓘ
linked to: US dollar
disburses payments for Medicare-covered services ⓘ
establishedFor long-term financing of Medicare ⓘ
expenditureType payments for prescription drugs under Part D ⓘ
payments to Medicare Advantage plans ⓘ
payments to hospitals and other providers ⓘ
funds Medicare Part A ⓘ
Medicare Part B ⓘ
Medicare Part D ⓘ
Medicare administrative expenses ⓘ
geographicScope nationwide in the United States ⓘ
hasPart Hospital Insurance Trust Fund ⓘ
Supplementary Medical Insurance Trust Fund ⓘ
impactOn Medicare premiums and cost-sharing ⓘ
federal fiscal policy ⓘ
legalBasis Social Security Act ⓘ
managedUnder federal trust fund accounting rules ⓘ
monitoredBy Centers for Medicare & Medicaid Services ⓘ
overseenBy Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds ⓘ
policyConcern Medicare financial sustainability ⓘ
purpose to finance Medicare health coverage for eligible beneficiaries ⓘ
relatedTo Social Security Trust Funds ⓘ
U.S. federal budget ⓘ
reportsTo United States Congress ⓘ
revenueSource beneficiary premiums ⓘ
general federal revenues ⓘ
interest on trust fund assets ⓘ
payroll taxes ⓘ
taxation of Social Security benefits ⓘ
risk insolvency if expenditures exceed dedicated revenues and reserves ⓘ
subjectTo actuarial projections ⓘ
annual trustees report ⓘ
supportsProgram Medicare ⓘ
typeOfSpending mandatory spending ⓘ

How these facts were elicited

Referenced by (12)

Full triples — surface form annotated when it differs from this entity's canonical label.

Medicare Part C → fundingSource → Medicare trust funds ⓘ
Medicare trust funds → hasPart → Hospital Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Medicare trust funds → hasPart → Supplementary Medical Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Medicare trust funds → alsoKnownAs → Medicare HI Trust Fund ⓘ
linked to: Medicare trust funds
Medicare trust funds → alsoKnownAs → Medicare SMI Trust Fund ⓘ
linked to: Medicare trust funds
Medicare beneficiaries → fundedBy → Hospital Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Medicare beneficiaries → fundedBy → Supplementary Medical Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds → oversees → Federal Hospital Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds → oversees → Federal Supplementary Medical Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Hospital Insurance → fundedBy → Medicare Hospital Insurance Trust Fund ⓘ
linked to: Medicare trust funds
Commercial Repayment Center → benefits → Medicare Trust Fund ⓘ
linked to: Medicare trust funds