What is Medicare?

10 05 2009 Autor: Administrator

The Medicare program was established to aid in providing insurance for the elderly and for people with end stage renal diseases. Medicare programs are funded by the US government. According to some studies performed by health care economists, these Medicare programs have unintentionally contributed to the distortion of the prices of different medical procedures. In relation to this, a list of procedures with their corresponding prices was set up by the Health Care Financing Administration. These prices were made based on the Resource-Based Relative Value Scale.

The Medicare Advantage Plans was established to increase or extend the health service options for the beneficiaries of the Medicare program.

source: Wikipedia.org

 Posted on: Sunday, May 10, 2009 at 6:13 am and is filed under the category Related Topics.
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