What is an entitlement program? Provide an example of a healthcare entitlement program. How is it funded? How do entitlement programs differ from other governmental programs?
Entitlement programs are part of the federal budget mandatory spending, in other words they are funded by the government and receives funds from the government so they can meet their financial obligations. Medicare is an entitlement program that is funded through payroll taxes. Some government programs do not get some of it’s funding from the recipients but programs like Medicare do since a person contributes a certain percentage of their weekly, bi-weekly or monthly paychecks
Entitlement programs are part of the federal budget mandatory spending, in other words they are funded by the government and receives funds from the government so they can meet their financial obligations. Medicare is an entitlement program that is funded through payroll taxes. Some government programs do not get some of it’s funding from the recipients but programs like Medicare do since a person contributes a certain percentage of their weekly, bi-weekly or monthly paychecks