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Sunday, December 21, 2014

TARP comes out from under cover

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No trivial matter: The USA financial crisis of 2008 (aka the "mortgage meltdown") The Troubled Asset Relief Program (TARP) became program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector that was signed into law by U.S. President George W. Bush on October 3, 2008. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.

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Saturday, December 13, 2014

How is Medicare Funded?

As we know, Medicare is the single-largest health care coverage provider in the USA.  As such, Medicare.gov is the definitive source for information, not just about Medicare but also about health care providers, including hospitals and physicians.

Learn about how Medicare is funded through 2 trust accounts held by the U.S. Treasury: the Hospital Insurance Trust Fund (which pays for Medicare Part A, inpatient hospital care, skilled nursing facility care, home health care, hospice care, and combating fraud and abuse), and the Supplementary Medical Insurance Trust Fund (which pays for Medicare Part B outpatient health care and Medicare Part D prescription drug coverage).

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