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TeachMeFinance.com - explain Contingency Contingency The term 'Contingency ' as it applies to the area of Medicare in the United States can be defined as ' Funds included in the trust fund to serve as a cushion in case actual expenditures are higher than those projected at the time financing was established. Since the financing is set prospectively, actual experience may be different from the estimates used in setting the financing'. About the author
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