Who Finances Medicare?

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   Bob VineyardPRO

   Founder, Georgia Medicare Plans, Atlanta,GA

   Medicare is financed at least in part by payroll taxes collected during your working years. Some of the payroll taxes go to pay current obligations. If there is money left over the surplus is placed in a trust fund.
   
   Medicare is also financed by premiums you pay for your Part B coverage.

   Answered on August 24, 2013

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