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Medicare Reform

Submitted by jessica82080us on July 9, 2006

Category: Social Issues
Words: 1680 | Pages: 7
Views: 288
Popularity Rank: 48,494
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Since Medicare was enacted in 1965, it has provided health care security to millions of America's seniors and people with disabilities. As successful as the Medicare program has been, it has not always kept pace with the vast improvements in the health care industry. For instance the lack of a better prescription benefits that was just recently improved. Medicare faces serious financial challenges, and is forced to make the best use of today's modern health care delivery methods to maximize the benefits for current and future participants to address the long-term stability of the program. The improvements the the President has addressed will greatly lengthing the time of the Medicare program existence.

The original Medicare was created in 1965 contains two parts. The first part was referred to as Part A. Medicare Part A covers inpatient care in hospitals, including critical access hospitals, and skilled nursing facilities, not unskilled or long-term care. It also covers hospice care and some home health care. The beneficiaries must meet certain conditions to receive these benefits. Most people age 65 or older who are citizens or permanent residents of the United States are eligible for free Medicare hospital insurance (Part A). The beneficiaries must be age 65 or older, receive or are eligible to receive Social Security benefits, railroad retirement benefits, and the beneficiary or spouse has paid into Medicare taxes for 40 quarters.

Medicare Part B covers doctors' services, outpatient hospital care, and some other medical services that Medicare Part A doesn't cover, such as some of the services of physical and occupational therapists, and some home health care. Medicare Part B helps pay for these covered services and supplies when medically necessary. It also covers some preventive services. Most beneficiaries pay the monthly premium of $88.50 in 2006 for Medicare Part B. The beneficiary also pays a $110 Part B deductible...

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