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Medicare Fast Facts

Fast Facts About Medicare.

 

Top 10 Reasons Americans Love Medicare

A list of the top 10 reasons Medicare is loved by Americans. 



Q & A About Medicare Part B

The Part B premium is the monthly amount paid by individuals for health coverage in Medicare Part B - a voluntary program that covers physician services, hospital outpatient care, durable medical equipment and other services including some home health care. The vast majority (about 93 percent) of Medicare beneficiaries are enrolled in Part B. Most individuals have the premium for their Part B coverage deducted from their Social Security, Railroad Retirement, or Federal government retirement checks.

 

Q & A Medicare Part D

Since 2006, a privatized Medicare prescription drug program has been offered to seniors. The Part D program provides drug coverage through numerous private insurance companies, and it seeks to control prices through competition between the plans.

 

Extra Help with Part D

Are You One of 2 Million Medicare Beneficiaries Missing Out On Extra Help With Prescription Drug Plan Costs? Would you like to save $4,000 per year on your prescription drug plan costs? That's how much Medicare estimates beneficiaries can save if they enroll in the Extra Help program.

 

Converting Medicaid to Block Grants

The current Medicaid program is a joint partnership financed by the federal government and the states in which states receive a fixed amount of money. Changing Medicaid to federal block grants means that states would receive less federal money but would have additional flexibility to design and manage their Medicaid programs. Because annual increases likely would not keep pace with rising health care costs, states could run out of money to pay for needed services.



Closing the Donut Hole

The Patient Protection and Affordable Care Act and accompanying health care reform legislation added important improvements to Medicare prescription drug coverage for seniors. The health reform law helps cover expenses for seniors falling into the "donut hole" coverage gap beginning in 2010, and the hole in coverage is eliminated altogether by 2020. The law also provides for additional assistance for low-income beneficiaries.

 


African Americans and Medicare

African Americans, who make up the third largest racial/ethnic group in the United States, are likely to have more chronic or serious health conditions than White Americans yet face several barriers in accessing health care coverage.  The guaranteed health coverage offered by Medicare, Medicaid and the Affordable Care Act (ACA) is, therefore, especially important to the African American community which has a huge stake in protecting, improving and strengthening these programs.



Hispanic Americans and Medicare

Hispanic Americans, the largest and fastest growing racial/ethnic group in the United States, are likely to have more chronic or serious health conditions than White Americans yet face several barriers in accessing health care coverage.  The guaranteed health coverage offered by Medicare and Medicaid is, therefore, especially important to the Hispanic community, which has a huge stake in protecting, improving and strengthening Medicare and Medicaid.




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