Medicare supplement/LTC NC| 100 Questions| Correct Answers| RATED A

Medicare - ANSWER A federal program of health insurance for persons 65 years of age and older Medicare is run by - ANSWER Centers for Medicare and Medicaid services of the department of health and human services Medicare parts A & B are - ANSWER Referred to as original Medicare Medicare Part A(Inpatient) is funded - ANSWER By the hospital insurance portion of the FICA payroll tax collected from workers and employers. Also by the premiums paid by individuals who aren't automatically covered by medicare but wish to purchase it. This also pays for Medicare part A - ANSWER Taxes paid on Social Security benefits Medicare part B is funded - ANSWER Partially by general tax revenues and partially by premiums paid to the federal government by Medicare part B beneficiaries Part B beneficiary must - ANSWER Must pay a premium for coverage on like Part a Most part B beneficiaries pay - ANSWER The standard