Think of it this way. Your Medicare Part B premiums only pay for 25% of the costs of the program. The remaining 75% is paid, by law, using money from the General Fund. In 2011 this amounted to over $200 billion. So the working taxpayer is funding your Medicare (and mine). Medicare is a great deal since over your lifetime, you get back three times more in benefits than you pay in contributions. Is this a great country or what?
Wow...Who taught you math....I paid into that fund since it started. At the same time and until age 65...I paid health insurance out of my own pocket. My benefits since age 65 have amounted to $345 to date and I’m 70.