Medicare

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Related to Medicare Part B: Medicare Part D

Medicare,

national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. Coverage for certain people with disabilities began in 1973. Medicare provides for a basic program of hospital insurance, under which enrollees are protected against major costs of hospital and related care; and a supplementary medical insurance program, through which persons are aided in paying doctor bills and other health-care bills. It is funded by a tax on the earnings of employees that is matched by the employer and by premiums paid by enrollees. In 2012 some 51 million Americans were enrolled in Medicare. Legislation passed in 2003 provides for a drug benefit program (beginning in 2006), higher premiums for enrollees earning more than $80,000, and subsidies over 10 years to encourage private insurers to compete with Medicare.

Medicare

U.S. program of health insurance for the aged. [Am. Hist.: EB, VI: 747]
References in periodicals archive ?
Is NARA continuing its efforts to convince legislators that the $1,500 Medicare Part B cap might have been a big, and potentially costly, mistake?
org), I have provided information on the participation of APRNs in directly billing Medicare Part B carriers for services provided to their Medicare patients.
The other form of tying originated in Representative Wilbur Mills's decision, as chairman of the House Ways and Means Committee, to tie the three then-competing health care bills together in one package, creating the three-part system (dubbed the "three-layer cake") that we know today as Medicare Part A, Medicare Part B, and Medicaid.
Everything else, including laboratory services provided to the SNF/NF resident under Medicare Part B, is subject to Consolidated Billing.

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