Total Medicare Trust Fund tax receipts were $296 billion in 2018

[riverine]

https://www.ssa.gov/oact/STATS/table3c3.html

(primary source - Medicare)

Total US health expenditures were $3.5 TRILLION in 2018 - over 10 times what the Trust Fund collected.

So how much would Medicare taxes need to rise for MFA?


Edit - Add the $93 billion in Supplemental Disability if desired.

[stopbush]

1. Don't forget that Medicare recipients pay a premium of $135 a month

that is in addition to the payroll tax deduction for Medicare.

But it’s a good point: in any MFA plan, one assumes that per-person monthly premium would still exist. So a family of four on MFA would need to pay a premium of $540 a month. And that doesn’t cover other costs that Medicare doesn’t cover.