How Medicare Advantage Is Funded?

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   Bob VineyardPRO

   Founder, Georgia Medicare Plans, Atlanta,GA

   Medicare Advantage plans are funded mostly by taxpayer dollars. Earned wages (W-2 or 1099) are taxed and funded by payroll taxes. The current 2014 tax rate is 1.45% of your earnings plus a matching employer contribution. Many Advantage plans require a monthly premium to paid by the Medicare beneficiary.

   Answered on June 4, 2014

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