QuestionApril 28, 2025

Medicare is funded through the Social Security System. True False

Medicare is funded through the Social Security System. True False
Medicare is funded through the Social Security System.
True
False

Solution
4.1(227 votes)

Answer

False Explanation Medicare is primarily funded through payroll taxes collected under the Federal Insurance Contributions Act (FICA), which are separate from Social Security funding. While both programs are administered by the Social Security Administration, they have distinct funding sources.

Explanation

Medicare is primarily funded through payroll taxes collected under the Federal Insurance Contributions Act (FICA), which are separate from Social Security funding. While both programs are administered by the Social Security Administration, they have distinct funding sources.<br /><br />
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