Most serious flaw in the medicare system is the fact

Reference no: EM13686122

Possibly, the most serious flaw in the Medicare system is the fact that

1. Coverage for outpatient drugs is poor.

2. The deductible is too high for most elders to afford.

3. The definition of an episode of illness can lead to patients paying the deductible more than once during the calendar year.

4. It provides no real protection against catastrophic losses resulting from unusually long hospital stays.

5. Elders are required to pay monthly premiums to participate in Part B.

Reference no: EM13686122

Questions Cloud

Price ceiling is set below the current market price : Presume a price ceiling is set below the current market price. If the goal of the price ceiling is to reduce total expenditures, it will be successful

Accomplish its intended goal of lowering overall spending : If a price ceiling is to accomplish its intended goal of lowering overall spending, which of the following should be true?

Changes to medicare that introduced diagnosis-related groups : The most important aspect of the 1983 changes to Medicare that introduced diagnosis-related groups (DRGs) was defining 483 categories of illness for treatment.

Physicians who accept assignment on their medicare patients : Physicians who accept assignment on their Medicare patients

Most serious flaw in the medicare system is the fact : Possibly, the most serious flaw in the Medicare system is the fact that

Falling hospital admissions-shorter length of hospital stays : Falling hospital admissions and shorter length of hospital stays beginning in the mid 1980s may be attributable to

Fee schedule based on diagnosis-related groups sets up : A fee schedule based on diagnosis-related groups sets up an incentive to

Substantial decrease in the amount of garbage : Many cities have experienced a substantial decrease in the amount of garbage being collected after they changed from levying a tax on each household to pay for the pickup to charging a fee for each bag or can picked up. Would this have been the resul..

Economy is operating below the natural level of output : Suppose a country is in a fixed exchange rate regime. Now suppose that individuals expect that policy makers will devalue its currency. Describe the various actions that policy makers can choose in response to this expected devaluation. Presume the e..

User Account

All Pages