Difference between revisions of "Medicare"
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'''Medicare''' is the [[United States Government]] health care system that reimburses most expenses for covered medical services for persons over 65 years old and for certain disabled persons under 65 years old as follows: | '''Medicare''' is the [[United States Government]] health care system that reimburses most expenses for covered medical services for persons over 65 years old and for certain disabled persons under 65 years old as follows: | ||
| − | *All hospital charges for covered services are reimbursed under Medicare Part A; and | + | *All hospital charges for covered services are reimbursed under [[Medicare Part A]]; and |
| − | *Most [[physician]] fees for covered services are reimbursed under Medicare Part B for individuals who have enrolled in Part B and make payments for that coverage. | + | *Most [[physician]] fees for covered services are reimbursed under [[Medicare Part B]] for individuals who have enrolled in Part B and make payments for that coverage. |
The reimbursements under Medicare have been declining in real dollars over time and the system is predicted to go bankrupt in a few decades. | The reimbursements under Medicare have been declining in real dollars over time and the system is predicted to go bankrupt in a few decades. | ||
Revision as of 19:29, November 27, 2007
Medicare is the United States Government health care system that reimburses most expenses for covered medical services for persons over 65 years old and for certain disabled persons under 65 years old as follows:
- All hospital charges for covered services are reimbursed under Medicare Part A; and
- Most physician fees for covered services are reimbursed under Medicare Part B for individuals who have enrolled in Part B and make payments for that coverage.
The reimbursements under Medicare have been declining in real dollars over time and the system is predicted to go bankrupt in a few decades.
Politics
Former Democratic Sen. John Breaux made a proposal which supports raising the Medicare eligibility age. [1]