Medicare Monitor

Medicare Monitor

The Palm Beach Post's veteran Washington correspondent, Larry Lipman, tracks policy makers and interest groups who are shaping the future of the federal health insurance program for the elderly.

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Medicare at a glance
Medicare is the federal health care system that covers about 36 million people age 65 and older, plus 7 million disabled. It has four parts:

Part A Covers inpatient hospital care as well as nursing home, home health and hospice care. Nearly all elderly and disabled Americans qualify for Part A coverage.
Financed by a 2.9 percent payroll tax divided equally between employees and employers.

Part B Covers outpatient care, doctor’s services, durable medical equipment, home health visits and preventive care. Part B coverage is voluntary, but roughly 40 million are enrolled.
Financed by beneficiary premiums and federal general revenue. Current monthly premiums are $93.50. Starting this year, individuals whose taxable income is more than $80,000 will pay a higher premium.

Part C Medicare Advantage managed care plans provide health care normally covered by Medicare Parts A and B. They may also provide some other benefits, including prescription drugs, not covered by traditional Medicare. Oart C is voluntary; about 7 million beneficiaries are enrolled.
Financed by Medicare and beneficiary premiums, which vary among plans.

Part D Medicare prescription drug plans come in two types, those that just cover prescription drugs and those that cover drugs as part of a broader managed care benefit. Part D is voluntary. About 9.2 million beneficiaries are in stand-alone drug plans and about 5.1 million are in managed care drug plans.
The plans are private and financed by Medicare and beneficiary premiums, which vary among plans.
-- Larry Lipman

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The entry titled "AMA 'pleased' with Medicare bill," and any of the comments about it.

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Home > Medicare Monitor > Archives > 2008 > June > 24 > Entry

AMA ‘pleased’ with Medicare bill

By Larry Lipman | Tuesday, June 24, 2008, 04:25 PM

Dr. Nancy Nielsen, president of the American Medical Association said her organization is “pleased that an overwhelming bipartisan majority of the U.S. House of Representatives voted today to stop Medicare cuts that would harm seniors’ access to health care. The bill also provides a 1.1 percent update to help Medicare payments begin to keep up with the increasing cost of providing care to seniors.

“Action now moves to the U.S. Senate. We urge the Senate to act prior to the July 4th recess to pass legislation to stop the cuts and allow Medicare to continue to keep its promise to our nation’s seniors. Medicare cuts will hurt seniors as physicians are forced to make practice changes to keep their medical practice doors open. The future for seniors’ access to health care is dire - unless the Senate acts.”

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