At a congressional hearing about ensuring the fiscal stability of the Medicare program, experts and lawmakers discussed the role Medicare Advantage plans have played in altering how Medicare operates--and what role they should play in the future.
A new study reveals that the conventional wisdom about healthcare spending may be wrong, as areas of the country that spend less on Medicare do not necessarily have lower overall healthcare costs.
The main trust fund that finances Medicare's hospital insurance coverage will run out in 2030, the program's trustees said in a report issued Wednesday, adding that while this is unchanged from last year's projection the long-term funding outlook has improved.
The Medicare program has experienced significant changes that make long-term financial forecasts difficult to trust when making policy decisions. Instead, policymakers should focus on containing the program's costs today, according to a brief from Commonwealth Fund.
As the Baby Boomer population enters its Medicare years, beneficiaries tend to be sicker than their predecessors. They also live longer. The combination will strain both beneficiaries themselves and the Medicare system at large.
Back in 2009, the Congressional Budget Office predicted that Medicare spending would be $706 billion in 2014. But spending will end up amounting to $580 billion. A number of factors contributed to this $126 billion gap, according to a new analysis from the Kaiser Family Foundation.
Medicare spending is slowing down drastically--thanks, for the most part, to Part D. The Medicare prescription drug program has accounted for more than 60 percent of Medicare spending cuts since 2011, ac cording to a Health Affairs blog post.
While the Medicare program continues to change and evolve, the Medicare Payment Advisory Commission (MedPAC) recommends the following considerations in its annual report to enhance Medicare payment systems.
Despite efforts to increase efficiency in healthcare, a substantial number of Medicare beneficiaries receive low-value services, concludes a new JAMA study.
Medicare spending per person will slow down over the next decade, partly due to beneficiaries who are getting younger and using fewer services, according to a new monthly budget review from the Congressional Budget Office.