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 | Date | Source | |
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AOA Letter of Support -- HR 2 Medicare Access and CHIP Reauthorization ACT | March 2015 | American Osteopathic Association | |
Advanced Primary Care: A Key Contributor to Successful ACOs:PCPCC Annual Evidence Report | August 2018 | PCPCC | |
ACOs at a Crossroads:Costs, Risk and MACRA A NAACOS Policy White Paper | June 2016 | NAACOS | |
A Conversation with State Officials on Medicaid Adult Dental Coverage | July 2015 | The National Academy for State Health Policy |