Medicare is a federal health insurance program that primarily provides health insurance for Americans aged 65 and older. Establish in 1965, the program expanded in 1972 to cover younger Americans who have a long term disability. Medicare consists of four different parts: Part A covers inpatient hospital stays, Part B covers physician visits, outpatient services and preventative care, Part C covers the Medicare Advantage program, and Part 4 covers outpatient prescription drugs through contracted plans. Medicare reimbursement rates often play a role in the reimbursement rates that private healthcare plans offer.
The Center for Medicare and Medicaid Innovation consistently works with policymakers, providers and other key stakeholders to construct and test alternative payment and delivery models. Medicare has tested a variety of new models, most of which focus on shifting the emphasis to quality care and provide incentives for hospitals and providers to lower spending and decrease cost to patients, while providing higher quality care.
Title | Source | Date |
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CMS Rule Boosts Support for Primary Care, Mental Health, Diabetes Prevention | Healthcare Dive | November 3, 2016 |
Improved Continuity of Care Could Save Billions of Dollars, Study Says | FierceHealthFinance | July 6, 2015 |
Senate has new deadline to avoid doctors’ Medicare cuts | Washington Post | April 1, 2015 |
Could Medicare’s New Doctor Payment System Endanger Small and Rural Practices? | Washington Post | August 23, 2016 |
In rare deal, Boehner, Pelosi tout wins for seniors, doctors | Washington Post | March 24, 2015 |
Hours from deadline, bipartisan Medicare bill heads to White House | Washington Post | April 14, 2015 |
Maryland announces agreement on all-payer health model | Washington Post | May 14, 2018 |
Medicare Aims to Improve Coordinating Seniors' Chronic Care | Associated Press | January 12, 2015 |
Doctors brace for return of financial pain as 2-year Medicaid raise expires | Columbus Business First | December 17, 2014 |
Adult dental coverage expanding slowly in Medicaid | The Baltimore Sun | June 21, 2015 |