Which tax provides medical benefits for people 65 and older?

The tax that provides medical benefits for people 65 and older is the Medicare tax. Medicare is a social insurance program that provides health coverage to people who are 65 or older, younger people with disabilities, and people with end-stage renal disease (ESRD). The Medicare tax is paid by both employees and employers and is calculated as a percentage of wages or self-employment income. The Medicare tax rate for employees is 1.45%, and the Medicare tax rate for employers is 1.45%.