Why Medicare Is Important

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Pages: 2

Many citizens are required to pay the FICA tax, which when paid 1.45% of it will go to the Medicare program. When paying this tax many don't realize the importance and how it benefits. As a result of this, in this essay I will be explaining how Medicare works, why it's important, and its history.

To begin, Medicare according to a source named “Social Security & Medicare Overview” Medicare is defined as “Medicare is a health insurance program in the United States that helps people pay for medical care when they're older.” Based on this definition we can create an idea of how it is used and why this is so important. There are four different parts of Medicare, based on how it's used. The first part is used for hospital stays, similar to health

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