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Facts - Books - News    U.S. Facts Of Law:


Medicare

Medicare is a health insurance program administered by the federal government for the elderly.  It was created in 1965 as part of the Social Security Act and is financed by a separate tax on wages.

Medicare is available to citizens over the age of 64 and those with some disabilities.  It presently covers tens of millions of Americans and has become a major federal government budget item with out-of-control growth.  Both Part A and Part B are funded from the U.S. Government's general fund but Part B also receives some payments that are deducted from covered retirees social security checks.

There are two parts to Medicare.  Part A covers hospital visits and Part B covers doctor's visits and related services.  Both parts contain deductibles and requires co-pays from the insured.  Some insurance companies offer private insurance policies to fill in the gaps omitted by Medicare.

Medicare pays physicians for their services based upon the Resource-Based Relative Value Scale.  Doctors often complain that Medicare payments do not reflect the market rate for services and some may not be willing to discount their services.

Fraudulent services continue to plague the Medicare system.  Some doctors and hospitals have defrauded the system by claiming payment for services not performed.  It is estimated that fraudulent claims are costing Medicare (and us taxpayers) tens of billions of dollars.

 

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UPHP Top Scoring MedicareMedicaid Plan In Nation WLUC UpperMichigansSource.com
UpperMichigansSource.com UPHP top scoring Medicare Medicaid plan in nation WLUC UpperMichigansSource.com The Integrated Care Resource Center announced on Wednesday, Dec. 13, that Upper Peninsula Health Plan tied for first place in the nation for overall rating of a Medicare Medicaid Plan. Medicare to scrutinize prescription drug plans AxiosAxios How to fight Medicare fraud Thousand Oaks AcornThousand Oaks Acorn CMS may bring on contractor to examine Medicare Part D plans: 3 things to knowBeckeraposs Hospital Review Atlantic Information Services, Inc. HomeCare all 10 news articles raquo

Medicare Increase Devours Paltry Social Security Raise Your Letters Syracus...
Syracuse.com Medicare increase devours paltry Social Security raise Your letters Syracuse.com According to my latest Social Security benefits statement, the government has made the decision to give seniors a generous 2 percent increase in Social Security benefits in 2018. At the same time, we are being hit by over a 20 percent increase in the No, Republicans are not going to take your Medicare The WeekThe Week Magazine Will Susan Collins Save MedicareHuffPost Parsing The Policies: Undoing The Individual Mandate Medicare, Medicaid Cuts Are On The HorizonKaiser Health News Logan Daily News Cherry Hill Courier Post DesMoinesRegister.com all 41 news articles raquo

Rural Hospitals Feel The Squeeze As Medicare Extender Funding In Flux Modern...
ModernHealthcare.com Rural hospitals feel the squeeze as Medicare extender funding in flux ModernHealthcare.com As Congress considers waiting until January to fund expired Medicare programs, the continued uncertainty already roils rural hospitals. The Medicare dependent hospital program and the low volume adjustment are among the Medicare provisions that must be

Why Big Medicare And Medicaid Cuts Are Likely Forbes Forbes
Forbes Why Big Medicare And Medicaid Cuts Are Likely Forbes Forbes Medicare and Medicaid will likely be part of 39entitlement reform39 when the tax cuts don39t lead to an economy strong enough to withstand a bigger deficit. and more raquo

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Facts of Law about medicare

Facts of Law - Medicare