Which of the following statements is true of Medicare?

Question

Quizplus · Accepted Answer

Medicare is the government's second-largest domestic spending program, after Social Security. It provides health care services to people who are over 65, people with certain disabilities, and people with end-stage renal disease. Medicare does not cover all medical expenses, and beneficiaries may have to pay deductibles, copayments, and/or premiums for certain services. The costs of Medicare are expected to increase as the population ages, which is a concern for policymakers. Medicare is not an example of federal discretionary spending, as its funding is mandatory and not determined by annual appropriations.

Which of the Following Statements Is True of Medicare