Medicare’s share of FICA is used to fund the Health Insurance Trust Fund. In fiscal year 1995, employers and employees each contributed 1:45% of taxable wages, with no limitations, to the Health Insurance Trust Fund.
The Rantings of the barely human.
Medicare’s share of FICA is used to fund the Health Insurance Trust Fund. In fiscal year 1995, employers and employees each contributed 1:45% of taxable wages, with no limitations, to the Health Insurance Trust Fund.