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Who is responsible for the funding of Medicare? (A) State government (B) Local government (C) Federal government (D) Private health insurance - HSC - SSCE Personal Development and Physical Education - Question 4 - 2007 - Paper 1
Question 4
Who is responsible for the funding of Medicare? (A) State government (B) Local government (C) Federal government (D) Private health insurance
Worked Solution & Example Answer:Who is responsible for the funding of Medicare? (A) State government (B) Local government (C) Federal government (D) Private health insurance - HSC - SSCE Personal Development and Physical Education - Question 4 - 2007 - Paper 1
Step 1
Identify the responsible party for Medicare funding
Answer
The funding of Medicare is primarily the responsibility of the Federal government. Medicare is a federal program that provides health coverage to eligible individuals, primarily those aged 65 and older, and is funded through federal tax revenues and premiums.