Medicare: A Case Study

Medicare offers prescription drug coverage to applicate that has Medicare. If not the applicate decide not to join Medicare Prescription Drug plan (Part D) when they first became eligible, or they have decided not to join a Medicare Advantage plan (Part C) or ant other Medicare plan there will be health plan offers Medicare prescription drug plan that will most likely help pay a late enrollment or penalty unless the applicate have other creditable prescription drug coverage.

I enjoyed your post. I never knew about Medicare Part D and I'm not sure why. Medicare Part D built the biggest addition and changes to Medicare in 2003 (Niles,2015). This program receives most of the funds from the federal government through tax revenues. The main purpose of this program was to provide aid for the costly price for prescription drugs for seniors. Like you mentioned, this is a voluntary program to enroll in and requires premiums. Additionally, Medicare part C has Medicare Part D already included in the benefits. The benefits of Part D include affordable prescription plans for those enrolled in Medicare Advantage, traditional Medicare health plan, and for low-income seniors (Niles, 2015). The Medicare Prescription Drug

Do you have some durable medical equipment, prosthetics, orthodics or associated supplies (DMEPOS) in your medical office supplied by a home medical equipment (HME) supplier? Such an arrangement is often called a loan or consignment closet.

The baby boomer generation will need more Medicaid services which would place a large financial burden on the program. Compared with previous generations, the baby boomers generation has a higher rate of "diabetes, hypertension, high cholesterol, and obesity" (Barr, 2014). People with multiple chronic conditions are hospitalized more than those with fall or cold. They are more vulnerable and therefore, are more expensive. As a result, a two-fold problem is created. First, there will be a shortage in health care professionals, because baby boomer makeup such a large part of the healthcare field. The second part of the problem is

Raising the Medicare qualification age is a smart thought, given the monetary allowance issues we confront and the way that Americans are living longer. In any case, it must be done painstakingly, to verify that more seasoned laborers still have wellbeing protection. Both Medicare and Social Security were proposed for resigned Americans. So it would bode well to set the ordinary qualification age of every project at the age where we have chosen as a country that retirement ordinarily starts. What's more, since working Americans create the cash to pay advantages, it's likewise essential for the qualification age to be set where the quantity of years Americans work is sufficient to pay retirement advantages. With Americans living longer, we have

Since 1965, Medicare has been attempting to provide low cost, guaranteed access to much needed healthcare for senior citizens over the age of 65 and other age groups that suffer from disabilities and terminal diseases. These people represent some of the most vulnerable population groups in the United States. Most do not work, and rely on Medicare to provide them the access to healthcare they need. Unlike privatized health insurance companies, Medicare is a social insurance program that is paid for through federal mandates and tax payer funds. Billions of dollars are spent annually on over 50 million Americans in need (Alonso-Zaldivar 1). The care structure itself is broken into several main parts: Medicare Part A covers hospital costs, Part B cover most outpatient care costs, and Part C and D cover prescription drug costs through dealing with other private insurance. Yet, the upcoming election in November is threatening to change and alter the structure. Each candidate has his own plan to deal with Medicare; both are trying to reign in the costs of operating Medicare, but with some elements being obviously more beneficial for Medicare recipients than others.

President Lyndon B Johnson’s vision for health coverage among elderly continues to provide health for those in need. Prior to 1965, US government didn’t offer health insurance to the elderly or charged high rates that insurance wasn’t affordable. Subsequently, older Americans suffered the consequences of the high healthcare costs. However, Medicare has proved to be significant to a high extent since it benefits America globally, socially, economically, and politically.

In this paper I will provide my understanding on why I feel Clinton’s Health Plan was unsuccessful. I will discuss the features of Clinton’s health care reform plan and provide my reasons I feel it failed. I will also discuss the influences of the various interests groups and governmental entities that were present during this process. Lastly I will discuss the policy process and policy environment key players that were involved and the other circumstances that shaped this policy-making effort.

Medicare is America’s largest health insurance program for the men and women over the age of 65 or with certain disabilities. For many Americans, this a huge part of how they can afford medications, doctor visits and other medical expenses. In recent years the number of Medicare enrollees has doubled (NASI, 2015). The “Baby Boomers”, people born from 1946-1965, is the largest generation within America with roughly 75 million Americans. This generation of Americans are all turning 65 around the same time and enrolling into this medical program. With the amount of new enrollees the total spending for Medicare will rise from 3.6% of the nations GDP to 5.1% by 2030, when the youngest of the baby boomer generation will be 65 (NASI, 2015). Even

Having been instituted on July of 1965 by President Lyndon, Johnson, for 50 years now, Medicare has served as a means of of health insurance for individuals 65 and above. This program has served as a means of getting healthcare to the elderly despite their financial situation. Going back as far as 1912, America had long been aspiring to establish a health insurance policy for Americans, but alas, none of these projects ever got real momentum. That was until 1945 when Harry Truman was elected into office. Truman believed health care for every American was an urgent matter so he requested that congress create a National Health Insurance Policy, which would help every American pay for meticulous things such as routine doctor visits, dental care, and other necessities. Despite his dedication, Truman’s plan deteriorated and nothing was accomplished. Finally, in 1965, Lyndon B. Johnson signed for legislation to establish what we all know today as Medicare.Since then, the program has experienced countless changes coming to cover far more Americans. At the time, it only consisted of Part A and B, but over the years, but has come to include C and D as well. Despite having been created in order to help a wider population, the program has been proven to have aspects of it that ultimately harm consumers.

My group spoke against the motion with each person speaking on a particular subtopic. On my part of the group I talked about the several parts of Medicare: part A, B, C and D, the people it covers, their rights, and benefits to their beneficiaries, how much spend on Medicare and how it affects Medicare beneficiaries out of pocket cost. Concrete examples were given on how premium support program would shift more cost to beneficiaries; especially, traditional Medicare recipients and how it could affect Medicare beneficiaries out-of-pocket cost, increase mortality rate and health risk. Also, why the federal government spends more on Medicare: baby boom generation. For instance, Medicare is a health insurance plan provided by the federal government for people age 65 and older, young people with disabilities and individuals with chronic health diseases. These individual are people with less ability to work more or harder to save money for their medical cost as well as other expenses. They are weak and vulnerable, and even if they have saved money from their young age or their parents have saved money for their health, that money would diminish since there is no more income or less revenue for them. According to Henry K Kaiser Family Foundation report dated April 2016, from 2011 statistics - two-thirds of beneficiaries (66%) had three or more chronic conditions. More than one-quarter of all recipients (27%) reported being in fair or poor health, and just over 3 in 10 (31%)

Medicare is the Federal government’s largest program and provides health care benefits to individuals that are 65 years old or old (Elmendorf, 2013). This program covers over 50 million Americans, including over 8 million disabled Americans (Raising Medicare's Eligibility Age: A Costly Benefit Cut for Senior, 2014). With the baby-boomer generation coming to the age of Medicare eligibility there is an estimated drastic increase in the number of individuals participating in Medicare for their health insurance (Elmendorf, 2013). With this being said some, including the Congressional Budget Office (CBO), believe that increasing the minimum age of eligibility will save the Federal government money (Meyerson,

The federal government provides health care insurance called Medicare. The program stared out strictly for those United States citizens who are 65 years of age and older. The plan has changed over the years to covering younger individuals with disabilities and diseases that are accepted by the program, like end-stage renal disease and young people with amyotrophic lateral sclerosis. Medicare covers over 49 million people as of the end of 2015 (Anderson, 2015).

Due to the upcoming presidential election, the two major political parties, and their candidates, have been focusing on the primary problems that the nation will face. Chief among those problems is the future of Medicare, the national health-insurance plan. Medicare was enacted in 1965, under the administration of Lyndon B. Johnson, in order to provide health insurance for retired citizens and the disabled (Ryan). The Medicare program covers most people aged 65 or older, as well as handicapped people who enroll in the program, and consists of two health plans: a hospital insurance plan (part A) and a medical insurance plan (part B) (Marmor 22). Before Medicare, many Americans didn't have health

The growing concern regarding the financial security of Medicare is one of particular interest to the nearly 72 million baby boomers that become eligible for this government-assisted, and tax-payer bolstered, program over the next two decades. According to the U.S. Census Bureau (2010), there will be a rapid increase in baby-boomers between 2010 and 2030, as the entire baby boomer population move into the 65 years and over category (p.3). Political and financial revisions must be made to ensure the security of Medicare as the numbers of individuals paying into this program are soon to be surpassed by the number of individuals drawing-off this program (U.S. Census Bureau, 2010). The elderly are also at a disadvantage with transportation to health care visits, picking up prescriptions, and rehabilitation services. There needs to be an establishment of access not only to primary care providers, hospitals, and rehabilitation services, but access to other aspects of the health care system for the elderly population.