Speaking Notes

PADM 5791

February 10, 2010

Dr. Neubauer

 

WHERE WE ARE

 

We are in Chapter 4 now on Medicaid.

I plan to distribute the midterm exam on the 17 of February to be returned completed on Feb. 24.

 

Chapter 4 -- Medicare

 

The quotation of page 166 is pretty heavy.  If Medicaid is Pac man and Medicare is becoming a bureaucratic leviathan, where should be go?

 

"Leviathan" refers to a sea monster and one of the seven princes of hell."

http://en.wikipedia.org/wiki/Leviathan

 

This reads to me a bit like a course titled, "Growing Old in American 101."

 

Concluding sentence, "We live in a brave and scary new world."

 

Medicare has been and is the first edition of national health insurance.  Its problems and failures both highlight the need for national health insurance and the difficulty in getting there, both politically and from a practical perspective.

 

Medicare began with intent to provide insurance coverage for a specific population -- US citizens 65 and older.  The base has been expanded to include citizens with disabilities and those eligible of SSI.

 

Medicare was not designed to be a "welfare" program.  But by its expansion it may be becoming more nearly one.

 

Medicare was passed in the 1960s with BIPARTISAN SUPPORT.

 

 

The basic problem was that our medical insurance system is based upon employment and some employers do not continue to provide coverage for people when they retire.  (Plus, employment is not what it used to be.)

 

In 1963 only about 54% of the elderly had hospital insurance.  This creates problems not only for patients but for physicians and hospitals.

 

 

 

Medicare has FOUR PARTS.

 

Part A -- hospital insurance plus some hospice and home health services

 

Part B -- voluntary part including some physician and outpatient services (a bargain for those who can afford it)  SMI or supplementary insurance program.

 

Part C -- managed care (Medicare+Choice).  option to enroll in managed care programs including HMO's (Health Maintenance Organization)

 

Part D -- MMA.  includes some drug coverages.

 

http://en.wikipedia.org/wiki/Medicare_Part_D

 

MMA rerfers to Medicare Modernization Act of 2003 which went into effect in 2006.  (following information is from the Wikipedia entry.)

 

The average monthly premium for stand-alone Part D plans (PDPs) with basic benefits that do not offer gap coverage are $30.14; the average monthly premium for plans that do offer some gap coverage are average $63.29.  By the design of the program, the federal government is not permitted to negotiate prices of drugs with the drug companies, as federal agencies do in other programs. The Veterans Administration, which is allowed to negotiate drug prices and establish a formulary, pays 58% less for drugs, on average, than Medicare Part D.   For example, Medicare pays $785 for a year's supply of Lipitor (atorvastatin), while the VA pays $520. Medicare pays $1,485 for Zocor, while the VA pays $127.

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Medicare is financed by payroll taxes, deductibles and co-payments.

 

Most physicians accept Medicare (and the rates of reimbursement).  If your physician does not, you pay him/her out-of-pocket and you get reimbursed part of the money from the government.

 

Most elderly citizens have some medical insurance in addition to Medicare.  These are sometimes called Medigap policies.  Some employers provide some medical care insurance to their retired former employees.

 

Under the HMO plans there is an incentive for the HMO's to "cherry pick" healthier patients.  I think they get PROSPECTIVE PAYMENTS for meeting the medical care needs of their patients, which gives then an incentive to hold costs down.  There are PEER REVIEW ORGANIZATIONS (PRO's) that monitor quality of care.  If an HMO does not do well they stand to lose their ability to participate in Medicare.  Generally, patient satisfaction with HMO's seems to be pretty good.

 

Medicare is not able to provide catastrophic coverage or to pay the very high costs of long term care.  The "donut holes" are the result of this reality.  Medicaid "kicks in" when people/families that once had substantial wealth spend out what they have.