{"id":1496,"date":"2015-12-26T11:17:45","date_gmt":"2015-12-26T16:17:45","guid":{"rendered":"https:\/\/medicarereport.org\/?p=1496"},"modified":"2015-12-26T11:46:54","modified_gmt":"2015-12-26T16:46:54","slug":"a-primer-on-medicare","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=1496","title":{"rendered":"A Primer on Medicare"},"content":{"rendered":"

(Source – Department of Health and Human Services (HHS, via\u00a0helpingamericansfindhelp.org))<\/p>\n

U.S. Medicare is funded by 2 trust funds, both held by the Department of the Treasury:<\/p>\n

    \n
  1. Medicare Hospital Insurance (HI) Trust Fund \u2013 $205.4 billion as of 12\/31\/2013 \u00a0funded from: payroll taxes, interest earned from HI Trust Fund and paid premiums for Medicare Part A used for: Medicare Part A benefits of the aged and disabled \u2013 hospital, nursing facility, home health and hospice care<\/li>\n
  2. Medicare Supplementary Medical Insurance (SMI) Trust Fund \u2013 Part B had 74.1 billion and Part D had 1.0 billion as of 12\/31\/2013 funded from: general revenue transfers, insurance premiums, interest earned, and contributions from States used for: Medicare Part B benefits \u2013 doctor services and outpatient hospital care, lab tests and medical equipment Medicare Part D prescription coverage \u2013 optional benefits for prescription drugs to all with Medicare<\/li>\n<\/ol>\n

    Read more…<\/a><\/p>\n

     <\/p>\n

    Notice<\/strong>: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s \r\n validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.<\/pre>\n","protected":false},"excerpt":{"rendered":"
    (Source – Department of Health and Human Services (HHS, via\u00a0helpingamericansfindhelp.org)) U.S. Medicare is funded by 2 trust funds, both held<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1496","post","type-post","status-publish","format-standard","hentry","category-medicare-general"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/1496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1496"}],"version-history":[{"count":2,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/1496\/revisions"}],"predecessor-version":[{"id":1502,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/1496\/revisions\/1502"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}