Medicare Part a Is Financed Primarily Through _______

question 10

Multiple Choice

Medicare Part A is financed primarily through _______.

• A) individual premiums
• B) state governments
• C) sales tax revenue
• D) charitable care
• E) payroll taxes

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Definitions:

Efficiently

The method of achieving a goal or completing a task with the least waste of time and effort.

Assets

Economic resources owned by a business or individual that have value and can be used to meet debts, commitments, or legacies.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage by comparing total liabilities to total assets.

Borrowed Funds

Money obtained through loans or credit arrangements, which is expected to be repaid with interest.