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TeachMeFinance.com - explain Pay-As-You-Go Financing Pay-As-You-Go Financing The term 'Pay-As-You-Go Financing ' as it applies to the area of Medicare in the United States can be defined as ' A financing scheme in which taxes are scheduled to produce just as much income as required to pay current benefits, with trust fund assets built up only to the extent needed to prevent exhaustion of the fund by random fluctuations'. Previous 5 Terms: pavonated pavonian pavonine Pay formation Payables to municipality Next 5 Terms: Payer Payerid Payline payload Payment About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.