Task 1.2.1 of 4
Merge the Medicare HI and SMI trust funds into the UHP Trust Fund; transfer balances.
Who does it
Treasury
When
Month 12
Trade-off
Merging trust funds simplifies financing but ends the separate Medicare HI accounting that seniors view as an earned benefit.
Part of: Create the UHP Trust Fund
All dedicated revenues (the payroll taxes, household premium, state MOE, and redirected federal appropriations) flow into a single trust fund with permanent budget authority to pay claims, so a government shutdown never stops payment for care.
This step changes 3 existing laws, programs, or institutions. See the list.