Like Social Security, Medicare Part A pays benefits out of, and receives a dedicated stream of revenues into, a trust fund. 3  Net of Medicare premiums paid by beneficiaries and amounts paid by states from savings on Medicaid prescription drug costs, these outlays were equal to 8 percent of GDP.
But that, of course, is a political decision about which central banks have no a priori view as long as no monetary financing is involved. 3  Conclusion  Ladies and gentlemen  2  BIS Review 43/2005  This morning my colleague, Dr Jürgen Stark, ended his remarks by recognising the excellent job the IMF has so far performed.