Hospital Insurance

Medicare Hospital Insurance (Medicare Part A)
Medicare Hospital Insurance, also known as Medicare Part A, provides coverage for essential hospital and medical services. Eligibility typically requires previous contributions to the Social Security or Railroad Retirement Systems, or sufficient governmental employment.
Medicare Tax
The hospital insurance portion of the tax assessed on compensation and self-employment earnings under the Federal Insurance Contributions Act (FICA). The Medicare tax is 2.9% of all earnings, with employers and employees each responsible for a portion.

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