• Center on Health Equity and Access
  • Clinical
  • Health Care Cost
  • Health Care Delivery
  • Insurance
  • Policy
  • Technology
  • Value-Based Care

Are People Getting $3 in Medicare Benefits for Every $1 in Taxes?

Article

Back when the Fact Checker covered politics, “person in the street” interviews generally yielded a similar answer when people were asked about the government — and whether they got much in benefits for the taxes they pay. The common response: It’s a raw deal for me. So we were struck by Barrasso’s comment. Are folks really getting $3 in benefits for every $1 in taxes they have paid? And is this really the right way to look at this statistic?

The Facts: Barrasso spokeswoman Emily Lawrimore said that Barrasso obtained this statistic from a report published by the nonpartisan Urban Institute, written by C. Eugene Steuerle and Caleb Quakenbush. The report tracked Social Security and Medicare taxes and benefits over a lifetime, for a variety of scenarios, and is embedded below. (For interested readers, Urban also has posted a Q-and-A on how the calculations were made.)

Read the full story: http://wapo.st/Yp6zbX

Source: Kaiser Health News

Related Videos
Pat Van Burkleo
Video 1 - "Diagnosing and Understanding the Pathogenesis of Bronchiectasis"
Video 4 - "Challenges in Autoantibody Screening for Type 1 Diabetes"
Jeff Stark, MD, vice president, head of medical immunology, UCB
Video 7 - "Prior Authorization and Access to Targeted Treatment for Ph+ ALL Patients"
Video 7 - "Prior Authorization and Access to Targeted Treatment for Ph+ ALL Patients"
Video 6 - "Community Partnership: Increasing Public Awareness of CVD"
Related Content
© 2024 MJH Life Sciences
AJMC®
All rights reserved.