Increasing Medicare Advantage Can Lower Expenses And Enhance The Quality Of Medical Treatment
Policymakers are under increasing pressure to control health care spending and protect Medicare for future generations as a result of ongoing worries about rising health care expenses and the impending financial insolvency of the Medicare programme. The programme could be maintained and the health care system and the way we pay for medical services might be moved in a more sustainable path with the help of one policy adjustment. And this health care reform is astonishingly easy to implement, unlike most others. The government-run health insurance programme for the elderly and younger individuals with disabilities, Medicare, is used by close to 64 million Americans. The majority of them—those covered by standard Medicare—are paid under a “fee-for-service” system, which the government employs for about half of them. For more than 10,000 different services, each with its own unique code, the Centres for Medicare and Medicaid Services (CMS) pay physicians separately under this appro...