Always hear about Medicare and have no clue what it means? It does not mean that you can get compared Wholesale life insurance quotes
Unless you use it, one doesn’t really know what medicare means. It is only when we are much older and in need of medical insurance that we get to be interested in the current politics on medicare.
Medicare is a governmental program which provides medical insurance coverage for retired persons over age 65 or for others who meet certain medical conditions, such as having a disability.
the Medicare program offers these millions of people relatively low cost basic insurance, but not much in the way of preventative care. For instance, Medicare does not pay
or an annual physical, vision care or dental care.
Medicare is paid for through payroll tax deductions (FICA) equal to 2.9% of wages; the employee pays half and the employer pays half.
Health care costs have risen dramatically, which adds to the financial woes of Medicare and the system has bee plagued by fraud over the years. As such there are those who think that medicare will run out by 2018 especially because more people are retiring than contributing to the system.
The goal is to find a viable solution to it instead of making political mileage every election cycle.