Which of the following statements is FALSE regarding Medicare?
A)Medicare pays for about 70 percent of the medical costs of older Americans.
B)Medicare pays for acute illness.
C)Medicare is paid for in part by payroll tax.
D)Medicare Part B is a supplement financed by individuals who choose to enroll.

Question

Quizplus · Accepted Answer

Medicare pays for about 80 percent of the medical costs of older Americans, not 70 percent.

Which of the Following Statements Is FALSE Regarding Medicare