Medicare. It is the health insurance policy of the federal government of the United States that provides health coverage for the senior citizens and some others with some conditions. Medicare is the only viable healthcare service that still effectively works in the United States. But it is only for a specific group of people. Will implementing this to all the American people benefit the country to arise from their burden of being one of the worst healthcare providers of the world?
- The principle of Medicare
Medicare’s first initiative was taken by President John F. Kennedy. But It was finally passed as an act under Johnson administration. Medicare is for senior citizens who are at least 65 years old. The people who paid their Medicare taxes for 10 years or more gets more benefit from the plan. The basic package includes part A and Part B
- Part A
Part A is part of the basic Medicare plan. It covers the inpatient’s hospital bills such as the hospital accommodations and medical equipment, etc. This is the part that every medicare patient gets as standard.
- Part B
Part B is the other part of the Medicare plan. It covers the outpatients. Their doctor visits Medicare under this part.
- How are the payments made?
The part A of the medicare is not entirely free. It will depend on person to person. The same treatment procedure can cost differently for three different people in the same hospital under the same doctors. The federal government will provide maybe a few hundred dollars depending on the treatment you will have. Part B is a little simpler. The fee for the outpatient doctor visit is split into 80-20 portion. The government will provide 80% of the and rest will have to be paid by the patient. Pretty simple. The majority of the people use these basic two combined plans for their coverage. There is also an option called part D, that deals with the prescribed drugs payment coverage for the outpatients. That is a relatively new concept.
- Medicare supplement plans
Sometimes, Medicare alone is not enough. Because it does not cover things like the copayments, coinsurances, deductibles, etc. That’s when Medicare Supplement plans 2019 comes in handy. Medicare supplement plan is provided by private insurance companies. Although they are private, the federal government provides guidelines for them that they have to follow accordingly.
The healthcare system of America is, by far, one of the worst in the world. But the medicare policy is not inefficient. It works well and does the job. The senior citizens who have put their service for the country and worked all their life in America get the plan. But the government should seriously look into implementing medicare as a universal solution. Medicaid is also another policy that is aimed towards the poor population of all ages. But a system like medicare will go a long way if implemented correctly.