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:
1.Explain how Medicare is financed.
2.Identify who is eligible for Medicare.
3.Discuss the benefits of Medicare. (Note: Discuss the differences in premiums and covered services.)
Length: Write a 1 page paper.
Kaiser Family Foundation. (2010). Medicare: A Primer. Available at https://kaiserfamilyfoundation.files.wordpress.com/2013/01/7615-03.pdf
Kaiser Family Foundation. (2010). Medicare at a Glance. Available at https://kaiserfamilyfoundation.files.wordpress.com/2014/09/1066-17-medicare-at-a-glance.pdf
Medicare Payment Advisory Commission. (2010). Context for Medicare Payment Policy. In Report to the Congress: Medicare Payment Policy, March 2010, Washington: the Commission. Available at http://www.medpac.gov/documents/reports/mar13_ch01.pdf?sfvrsn=0
Newhouse, J. (2010). Assessing Health Reform’s Impact on Four Key Groups of Americans.Health Affairs, 29 (9), 1714-1724. Available at http://content.healthaffairs.org/content/early/2010/07/22/hlthaff.2010.0595.full