Introduction What Is Medicare Part D? The Medicare Part D program provides beneficiaries with assistance paying for prescription drugs. The drug benefit‚ added to Medicare by the Medicare Prescription Drug‚ Improvement‚ and Modernization Act of 2003‚ (MMA)‚ began in January 2006. Unlike coverage in Medicare Parts A and B‚ Part D coverage is not provided within the traditional Medicare program. Instead‚ beneficiaries must affirmatively enroll in one of many hundreds of Part D plans offered by private
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MEDICARE Prior to 1965‚ it was almost impossible for people 65 years and older to get a private health insurance. Medicare was enacted in 1965 to counter the growing health care costs and provide access to the elderly‚ making health care a universal right for all Americans 65 years and older. (Medicare & You‚ 2013) The rapid growth in the baby boomers population that began in 2011 caused a burden on the government by adding to the already high deficits. Medicare enrollment is expected to double
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December 8‚ 2003‚ President Bush signed into existence the Medicare Prescription Drug‚ Improvement‚ and Modernization Act (CMS‚ 2003). This Act over the years is intended to provide prescription drug benefits to seniors. It will also provide subsidies to insurance companies‚ health maintenance organizations‚ and would allow private plans to compete with Medicare (CMS‚ 2003). Why were changes to Medicare deemed necessary? The changes to Medicare where deemed necessary‚ because many seniors and elderly
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Chapter 7: 1. Who is eligible for Medicare? Person eligible for Medicare include individuals ages sixty-five and over‚ those with disabilities‚ and those with end-stage renal disease (Hammaker‚ 2011). here are three basic entitlement categories: persons 65 years of age or over who are eligible for retirement under Social Security or the railroad retirement system‚ persons under 65 years of age who have been entitled for at least 2 years to disability benefits under Social Security or the railroad
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The Policy Process‚ Part II University of Phoenix HCS 455 The Policy Process‚ Part II In the paper the author discussed The Policy Process‚ Part I on how Medicare part D became a policy. The author discussed the details on the formulation‚ legislative‚ and implementation stages of the policy. Now time to look at the final stages of the process‚ of Medicare Part D. Which are evaluation‚ analysis‚ revision‚ and methodology stages. In every policy there will be an evaluation stage to see
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Medicare Part D Drug Plan was created by Congress in 2003 to aid the elderly‚ disabled‚ and sick persons in affording their medication. Coverage for the drug plan went into affect January 1‚ 2006. This plan was called the Medicare Prescription Drug Improvement and Modernization Act of 2003 (MMA) (Cassel‚ 2005). The final bill that passed‚ was influenced by drug-company and health insurance lobbyists and focused mainly on the needs of those industries instead of the seniors it was meant to serve
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is to discuss Medicare Part D‚ as well as the influence of the various interest groups and governmental entities during this process. This essay will discuss both the policy process and the policy environment (the key players involved and other circumstances that shaped this policy-making effort)‚ how stakeholder groups influenced the final outcome of Medicare Part D legislation‚ the specific strategies and tools that were used most effectively‚ and if the fact that Medicare Part D passed corresponds
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Medicare Medicare‚ a federally supported program‚ was adopted in 1965 to provide health coverage and services to the elderly seniors (over 65) and disabled citizens without regard to income or medical history. Its funds come directly from federal governments and beneficiaries. Medicare revenues come from interest‚ taxation of social security benefits‚ state payments‚ payroll taxes‚ beneficiary premiums and general revenue. The government uses money generated from taxes to reimburse providers who
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the real variance is and after reading the material it seem as if they both mean the same. This week focus does relate to my field because I work for a Medicare part D drug plan. Having an indication of how and what the historical records collect it gives me a better understanding of how they regulate the group of people who may qualify for Medicare assistance each year. References U.S. Department of Commerce. (2012). . Retrieved from Bureau of Economic Analysis:
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Medicare: Past‚ Present‚ and Future The History of Medical Insurance The idea for a national health plan was not something considered to be a priority of American government prior to the 1940’s. President Harry S. Truman was the first president to push the issue to the United States Congress in 1945. Truman called for the creation of a national health insurance plan that would be aviailable to all Americans. He envisioned coverage for hospital visits‚ dental care‚ nursing care‚ and doctor’s visits
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