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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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Why We Need To Keep Ensuring Happy Birthdays For Medicare The Philadelphia ...
Why we need to keep ensuring happy birthdays for Medicare The Philadelphia Tribune On July 30, our country marked Medicare and Medicaid39s 52nd birthday enacted as Title XVIII and Title XIX of the Social Security Act, and signed into law as and more raquo

AgeWise: Enrolling In Medicare WinstonSalem Journal
Winston Salem Journal AgeWise: Enrolling in Medicare Winston Salem Journal Answer: If your retiree employer group health insurance plan EGHP coverage includes prescription drug coverage that is as good as or better than Medicare Part D plan, you do not need to do anything but enroll in Medicare Parts A and B prior to your

How Trumpaposs Shift From Value Depletes Medicareaposs Trust Fund Forbes
Forbes How Trump39s Shift From Value Depletes Medicare39s Trust Fund Forbes News that the Donald Trump White House is curtailing value based care initiatives for Medicare could cost taxpayers billions of dollars. The Centers for Medicare amp Medicaid Services CMS last week announced plans to slow the move away from

In Case You Missed It, Thereaposs A New Medicare Audit Process Coming McKnig...
Health Data Management In case you missed it, there39s a new Medicare audit process coming McKnightaposs Long Term Care News blog So it39s understandable if this story we ran about the Centers for Medicare amp Medicaid Services revamping its Medicare audit process slipped under your radar. After all, last week was a busy one in terms of long term care news. Sabra39s merger with AMA to CMS: Work to simplify Quality Payment Program regulationsAmerican Medical Association blog Hospitals and Medical Groups: MACRA Needs More WorkHealthLeaders Media AMIA, Premier, AHA and AMA Comment on CMS39s 2018 MACRA Proposed RuleHealthcare Informatics FierceHealthcare MedPage Today ModernHealthcare.com all 11 news articles raquo

Bernie Sanders: Why MedicareforAll Is Good For Business Fortune
Washington Free Beacon Bernie Sanders: Why Medicare for All Is Good for Business Fortune In our country, Medicare, a government run single payer health care system for seniors, is a popular, cost effective health insurance program. When the Senate gets back into session in September, I will be introducing legislation to expand Medicare to Sanders Op Ed Touts Medicare for All Ahead of Campaign SpeechWashington Free Beacon LETTER: Don39t buy into 39Medicare for all39 Asbury Park PressAsbury Park Press How Much Would Single Payer Health Care Cost The AtlanticThe Atlantic all 8 news articles raquo

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Facts of Law about medicare

Facts of Law - Medicare