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The article Political Economy of Medicare brings out an interesting point that many of us working citizens may not have realized even though we see

The article "Political Economy of Medicare" brings out an interesting point that many of us working citizens may not have realized even though we see deductions in our paychecks for Medicare, that we are contributing over $1,250 to provide about $5,000 in benefits to each Medicare beneficiary a year. It's disturbing however to learn about how much politics is involved in transferring these funds. Lastly, affluent individuals can handle a greater redistribution percentage of wealth coming from them.

It's no doubt that Medicare helps individuals who are less fortunate. However the Medicare program would be more helpful if a greater share of the financing were transferred from our payroll taxes to general revenue. Also, if the premiums of the beneficiaries were related to their income. Moreover, if the coverage extended to prescription drugs and long term care.

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