ANSWERS: 1
  • A subsidy, according to Forbes Investopedia, is a benefit given by the government that usually involves a cash payment or the reduction of a tax. For example, health insurance consumers may receive cash from the government to offset the costs of health insurance. A prominent example of subsidized health care is the U.S. Medicare system which provides health insurance for the elderly.

    Source:

    Forbes Investopedia: Subsidy

    Medical News Today: Medicare

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