Medicare Advantage

The United States’ approach to health care policy is an anomaly among industrialized nations. Disagreement about what the federal government’s role in health care ought to be, combined with the structure of lawmaking institutions, have yielded generations of improvised policies and programs that intend to mollify individual issues created by the health care system rather than comprehensively addressing its flaws. Following World War II, while most industrialized nations were creating national systems

Social Security Tax Taxes are a necessary evil in any civilization. In order to keep the government running and pay for goods and services, like police and a defense force, everyone must pay their fair share so that money can be collected to foot the bill, so to speak. Social Security is one such service. The Social Security program helps seniors to be able to live in retirement and also helps the less fortunate who need government assistance for various reasons. While most citizens

Introduction 3 II. About Medicare 4 III. About Medicaid 5 III. Fraud & Abuse of Medicare 7 IV. Fraud & Abuse of Medicaid 8 V. Prevention Program Methods/Reform for Medicare & Medicaid 9 VI. Conclusion 12 References 13 Executive Summary With the ever-changing difficulties of our health insurance landscape, the government has taken a more active role in the health care and well-being of American citizens. With this shift, programs like Medicare and Medicaid, become polarizing

state-based online health insurance exchanges established by the Patient Protection and Affordable Care Act. Open enrollment is also noticeable in Medicare, where almost 50 million enrollees plan for the coming calendar year. The enrollees can choose to stay in their original Medicare plan, or enroll or change plans within the Medicare Advantage and Medicare Part D Prescription

residents have health insurance, significantly expands public insurance and subsidizes private insurance coverage, raises revenues from a variety of new taxes, and reduces and reorganizes spending under the nation’s largest health insurance plan, Medicare. If fully implemented, the ACA promises to lead to a dramatically different health care landscape for the United States in the years to come. Projecting the impacts of such fundamental reform to the health care system is fraught with difficulty.

Medicare is an example of a socialism insurance coverage in the United States. It was created back in 1965 when President Lyndon B. Johnson signed the law into place for the system known as “Original Medicare (CMS Program History, cms.gov).” Original Medicare consists of hospital coverage (Part A) and physician/outpatient coverage (Part B). These benefits have evolved through time with the expansion in eligibility in 1972. The largest change to Medicare occurred in 2003 with the passing of the

CMS – Medicare/Medicaid The Medicare and Medicaid programs were signed into law on July 30, 1965 by president, Lyndon Baines Johnson. The Centers for Medicare & Medicaid Services (CMS) is an agency within the US Department of Health & Human Services in charge of administration of several key federal health care programs. CMS is responsible for health care programs such as, the Health Insurance Portability and Accountability Act (HIPAA), the Clinical Laboratory Improvement Amendments (CLIA), and the

Economic Development In 2010, the federal government the Affordable Care Act, or more commonly known as “Obamacare.” This federal statute represented the largest and most significant regulatory overhaul and expansion to the healthcare system since Medicare and Medicaid were introduced in 1965. The ACA's major provisions appeared into power in 2014. By 2016, the uninsured portion of the population was cut roughly in half, with by the end of 2016, an estimated of between 20-24 million Americans additionally

MEDICARE AND THE COST ENIGMA ISSUE/PURPOSE Medicare is a valuable part of health insurance in the United States. Although it is a popular program, it will face a number of financial issues and challenges in the future. BACKGROUND In 1965, President Lyndon Johnson created Medicare under Title XVIII of the Social Security Act in order to provide health insurance to people aged 65 and older, without regard to income or medical history. It also includes people under 65 with permanent disabilities

Americas Social Security is running out! According to Social Security and Medicare Boards of Trustees “Projected long-run program costs for both Medicare and Social Security are not sustainable under currently scheduled financing, and will require legislative modifications if disruptive consequences for beneficiaries and taxpayers are to be avoided.” (Social Security Online). Other evidence shows “After 2022, trust fund assets will be redeemed in amounts that exceed interest earnings until trust