no
explain early funding and cost for medicare and medicid
Although there is considerable debate about the financial health of Medicare, it seems apparent that it will not sustain itself in the long term at the current rates of usage and funding.
No, you cannot. However, if you are on medicaid or medicare you may be eligible for funding.
Targeted funding refers to financial resources allocated for specific projects, initiatives, or demographics that aim to address particular needs or objectives. This approach ensures that funds are used efficiently and effectively to achieve desired outcomes, often focusing on areas such as education, health, social services, or economic development. By directing resources to high-priority areas, targeted funding can help drive positive change and support disadvantaged communities or specific sectors.
Cuts in government funding for Medicaid and Medicare disproportionately affect members of racial and ethnic minority groups because
Medicare is primarily funded through a combination of payroll taxes, premiums, and general revenue. It was first enacted in 1965 as a part of the Social Security Act, and the financing structure has evolved over time. Currently, the majority of funding comes from payroll taxes paid by employees and employers, along with premiums paid by enrollees and funding from the federal government's general revenue.
The Billion Dollar Bubble
The financial funding for medicare is stretched severely. Medicare will continue to be the main source for healthcare for the aging population. It will provide access to good doctors and healthcare systems, however the cost sharing will increase and the benefits paid will probably decrease.
In May the new highway funding plan was worked out to approximately $320 billion, which becomes effective in October 2003.
The Medicare contribution rate is 1.45% of an individual's earned income, which is withheld from wages for Medicare funding. Employers also contribute an equivalent 1.45%, making the total contribution 2.9% for each employee. Additionally, high-income earners may be subject to an extra 0.9% Medicare surtax, applied to income above certain thresholds. This system helps finance Medicare services for eligible individuals.
American taxpayers pay the government $12 billion on funding for AT a year
50 billion per month mostly for overseas assistance