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“A Conversation About
Medicare And Healthcare Reform”

He...
“A Conversation About
Medicare And Healthcare Reform”

Healthcare
Medical
Pharmaceutical
Directory

.COM

www.HealthcareMe...
Will healthcare reform require persons to choose new or different
Medicare coverage?
• Medicare is not part of the healthc...
Is healthcare reform reducing Medicare coverage?
• There has actually been an increase in coverage/services as
required by...
Will healthcare reform affect a person’s choice of physician/hospital?
• There are no provisions in the law which will aff...
Is healthcare reform going to phase out Medicare?
• There are no provisions for Medicare to be replaced with another
plan/...
Will Persons Have To Pay More For Medicare?
•

Some persons will have higher Medicare premiums
– Premiums will increase sl...
How will Medicare Advantage plans be affected?

• Some Medicare Advantage plans will receive lower payments
and they may r...
Summary
• Healthcare reform initiated some limited changes within the nation’s Medicare
program

• Some coverage rules wil...
For ongoing clinical and healthcare business industry resources, please go to:

www.HealthcareMedicalPharmaceuticalDirecto...
For ongoing business and clinical healthcare industry resources, please go to:

www.HealthcareMedicalPharmaceuticalDirecto...
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A Conversation About Medicare And Healthcare Reform - What Are The Changes?

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Healthcare Reform has reached into every corner of the industry. Medicare is a primary market segment affecting millions of Americans. The key changes affecting Medicare are covered in this 11-slide presentation.

After covering the discussion, go to www.healthcaremedicalpharmaceuticaldirectory.com for more resources. A clinical and business resource for the healthcare industry, the objective perspective since 2004.



www.healthcaremedicalpharmaceuticaldirectory.com

John G. Baresky

Published in: Business, Health & Medicine
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Transcript of "A Conversation About Medicare And Healthcare Reform - What Are The Changes?"

  1. 1. Please take this moment to convert the display to “Full Screen” “A Conversation About Medicare And Healthcare Reform” Healthcare Medical Pharmaceutical Directory .COM www.HealthcareMedicalPharmaceuticalDirectory.com
  2. 2. “A Conversation About Medicare And Healthcare Reform” Healthcare Medical Pharmaceutical Directory .COM www.HealthcareMedicalPharmaceuticalDirectory.com
  3. 3. Will healthcare reform require persons to choose new or different Medicare coverage? • Medicare is not part of the healthcare insurance programs created by the Affordable Care Act • Persons enrolled in Medicare and/or Medicare Advantage plans are not mandated to change coverage/plan providers due to healthcare reform measures • American 65 and older receiving Medicare are not required to purchase Medicare insurance through an exchange and are exempt from being penalized for no health insurance Healthcare Medical Pharmaceutical Directory .COM
  4. 4. Is healthcare reform reducing Medicare coverage? • There has actually been an increase in coverage/services as required by features in the healthcare reform law • Medicare now provides some preventative care such as: – Colonoscopies – Mammograms – Annual Wellness Visit • Persons will not be charged for the Part B coinsurance or deductible for this care Healthcare Medical Pharmaceutical Directory .COM
  5. 5. Will healthcare reform affect a person’s choice of physician/hospital? • There are no provisions in the law which will affect the physicians/care facilities persons choose for their healthcare needs • Doctors, hospitals, pharmacies and other providers may make their own decisions about how they participate as Medicare providers and to continue/discontinue serving the Medicare population Healthcare Medical Pharmaceutical Directory .COM
  6. 6. Is healthcare reform going to phase out Medicare? • There are no provisions for Medicare to be replaced with another plan/program now or in the future • The Medicare program’s Trust Fund has been fortified with additional monies: – It will operate at least until 2029 – This represents a 12 year extension to the program Healthcare Medical Pharmaceutical Directory .COM
  7. 7. Will Persons Have To Pay More For Medicare? • Some persons will have higher Medicare premiums – Premiums will increase slightly for individuals earning over $85,000 annually, couples $170,000 annually • Conversely, Medicare beneficiaries who reach the Medicare gap in prescription drug coverage (known as the “donut hole) will receive: – 47.5% discount on Medicare Part D brand prescription drugs – 21% discount on Medicare Part D generic prescription drugs – The donut hole is expected to be completely closed (covered with standard Medicare coverage copays for enrollees) by 2020 – Part D copays will be eliminated for persons eligible for Medicare and Medicaid (“dual eligibles”) and who are receiving home- and community-based services
  8. 8. How will Medicare Advantage plans be affected? • Some Medicare Advantage plans will receive lower payments and they may reduce optional benefits like dental or vision. • Medicare Advantage plans offering higher quality benefits may be eligible for a bonus from the government (part of which must be spent on improving enrollee benefits) • In 2014, Medicare Advantage plans are required to spend at least 85% of each dollar they receive on healthcare
  9. 9. Summary • Healthcare reform initiated some limited changes within the nation’s Medicare program • Some coverage rules will improve the level of care/service for Medicare plan enrollees • Cost increases were minimal and did not have widespread affect on program enrollees • Medicare enrollees still have considerable influence in the physicians/hospitals they choose for care • As healthcare reform measures are implemented moving forward, Medicare may experience additional changes due to the evolving healthcare marketplace
  10. 10. For ongoing clinical and healthcare business industry resources, please go to: www.HealthcareMedicalPharmaceuticalDirectory.com Review Our Latest Clinical And Healthcare Business Presentations •A Conversation About Accountable Care •A Conversation About Accountable Care Business Models •A Conversation About Compounding Pharmacies •A Conversation About Health Insurance Exchanges •A Conversation About LTACs (Long Term Acute Care Hospitals) •A Conversation About Medicare A, B, C and D •A Conversation About Medicare And Healthcare Reform •A United Strategy For Social Media Marketing In Healthcare Brand Management •Comparative Effectiveness Research: A New Current In Pharmaceutical Brand Management •Global Healthcare Issues-Managing Drug Shortages •Healthcare Brand Management: Market Access Concepts •Health Economics Outcomes Research: Managed Care Applications In Pharmaceutical Brand Management •New Global Healthcare: Another Chapter In Healthcare Marketing Brand Management •Pharmaceutical Brand Management: Achieving Managed Care Pull-Through Performance Healthcare Medical Pharmaceutical Directory .COM
  11. 11. For ongoing business and clinical healthcare industry resources, please go to: www.HealthcareMedicalPharmaceuticalDirectory.com Fifteen Healthcare Segments Are Profiled: • • • • • • • • • • • • • • • Advertising/Marketing Assisted Living Behavioral Benefits CROs Dialysis Government GPOs Health Systems Insurance Nursing Facilities PBMs Pharmacies Surgical Centers Trade Healthcare Medical Pharmaceutical Directory .COM
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