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Sunday, December 14, 2014

How is Medicare Funded?

As we know, Medicare is the single-largest health care coverage provider in the USA.  As such, Medicare.gov is the definitive source for information, not just about Medicare but also about health care providers, including hospitals and physicians.

Learn about how Medicare is funded through 2 trust accounts held by the U.S. Treasury: the Hospital Insurance Trust Fund (which pays for Medicare Part A, inpatient hospital care, skilled nursing facility care, home health care, hospice care, and combating fraud and abuse), and the Supplementary Medical Insurance Trust Fund (which pays for Medicare Part B outpatient health care and Medicare Part D prescription drug coverage).

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by Canswerist® ▶ aka Altaloman®

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