Question

The number of workers w(t) for each Medicare beneficiary (each person receiving Medicare benefits) is approximated by the function w(t)=-0.05 t+4,$ where t is the number of years after 2000. Use an inequality to determine those years for which there will be less than 2 workers for each Medicare beneficiary.

Answer 1

Explanation:

In 2020, 62.6 million people were enrolled in the Medicare program, which equates to 18.4 percent of all people in the United States. Around 54 million of them were beneficiaries for reasons of age, while the rest were beneficiaries due to various disabilities.