Health Care FinanceMedicare - General

Who should pay for Medicare?

By Chris Pope on May 20, 2024 for City Journal

In 2023, Medicare spent an average of $16,710 on health-care benefits for 67 million covered beneficiaries. America’s 161 million workers, who do not currently receive benefits, paid for the bulk of the program’s cost. While this arrangement has successfully financed health care for elderly and disabled Americans unable to work, it’s unlikely to be sustainable if Medicare’s cost doubles over the coming decade, as projected. Here…

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