In: Operations Management
Appended to Karen Davis’ oral testimony is a set of 24 insightful exhibits that are loaded with Medicare information. For this module’s discussion, please interpret, assess, cite, and debate the Medicare reform implications of the facts and figures from this set of 24 exhibits
Appended to Karen Davis’ oral testimony is a set of 24 insightful exhibits that are loaded with Medicare information. For this module’s discussion, please interpret, assess, cite, and debate the Medicare reform implications of the facts and figures from this set of 24 exhibits
Today Medicare works to provide access to care a financial protection for with the retirement of 76 million baby boomers for over the coming next two three decades, with this Medicare program the men and women contributed their working lives substantially for their medical expanses like the supplement coverage and out of pocket expenses. This program will consume an ever increasing share of federal budget unless policies are adopted to bend Medicare cost curve. By this program the effort to continue providing and quality health care to individuals through the ACA and Medicare. The ACA is projected to achieve estimated Medicare savings for $716 billion between 2013 and 2022. The affordable care acts major payment and delivery system reforms are projected to slow Medicare to 3.2 percent annually.
The crucial need to control health care spending also continues to take precedence to move towards improving the current health care system. Given the serious fiscal problems facing this country, slowing the growth of Medicare spending is no longer optional. Karen Davis’ exhibits on the future of Medicare give insightful information that is essential to preserving Medicare benefits and holding providers accountable. Instead of shifting financial costs onto beneficiaries, this approach would hold health care providers accountable for achieving high-quality care, excellent outcomes for patients, and ensuring that the total cost of health care is in line with what the nation can afford. The debate over health care reform seems endless and changes to Medicare became a major point of contention. Many policymakers have called for the remodeling of Medicare to more closely resemble private insurance, which is often assumed to work better than public programs