Explain how Medicare is financed


After reading the background materials as well as additional information you find from the literature and online sources, respond to the following:

  • Explain how Medicare is financed.
  • Identify who is eligible for Medicare.
  • Discuss the benefits of Medicare. (Note: Discuss the differences in premiums and covered services.)

Cite all sources and provide a reference list at the end of the paper.
The paper should be 2 pages typed.