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Medicare Drug
Medicare is health insurance. It has been around since 1965 and mostly serves Americans 65 and older. It also covers some people with disabilities and those who have kidney disease. It's distinct from Medicaid, which is health insurance for the poor ...
Publ.Date : Fri, 21 Nov 2008 14:25:00 GMT
Darlene Smith of Pittsfield says after examining the issue and learning as much as they could about it, she and her husband, Keith, will keep their traditional Medicare coverage and a supplemental plan they already have in place. The Smiths, like ...
Publ.Date : Fri, 21 Nov 2008 12:30:00 GMT
IRVINE, Calif., Nov. 21 /PRNewswire-FirstCall/ -- CorVel Corporation (NASDAQ: CRVL) announced today plans to provide "agent" services under the new Medicare legislation requiring expanded reporting for insurers, third party administrators and ...
Publ.Date : Fri, 21 Nov 2008 18:57:00 GMT
The number of stand-alone Medicare drug plans has decreased from 55 plans to 51 this year in Michigan. Bucking the trend of rising costs, nine plans reduced their monthly premiums, two plans lowered deductibles and one plan eliminated its prior year ...
Publ.Date : Fri, 21 Nov 2008 10:22:00 GMT
WASHINGTON (AP) - The health insurance industry said Wednesday it will support a national health care overhaul that requires them to accept all customers, regardless of pre-existing medical conditions - but in return it wants lawmakers to mandate ...
Publ.Date : Fri, 21 Nov 2008 14:46:00 GMT
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Health Insurance History
by Stive S.
A brief history of health
insurance coverage reveals that in the aftermath of World War II, the US
government sought to provide maximum benefits to the populations in her efforts
to reduce the burden otherwise incurred on rise in wages. This policy continued
for a number of years, until the introduction of relevant laws in 1950 to
provide Medicare for the needy populations of the state.
This was also the first time that the government participated in any form of
financing health care on behalf of the populations, and this was accomplished
through direct payment to the various health care providers including doctors,
physicians and hospitals.
The US government also introduced the famous "Medical Assistance to the Aged"
legislation in the decade of 1960s, opening doors of medical assistance and
other health care services to the elderly and poor populations though putting
restrictions on the extent of medical expenses.
This was followed by the passage of legislation for the establishment of
Medicare and Medicaid Programs in 1965 making a part of the Social Security Act.
Responsibilities of these programs was entrusted to the Department of Health,
Education and Welfare, all of who are presently covered under a single
department of Health and Human Services.
The Medicare program was however run by the Social Security Administration,
while the Medicaid program was run by the Social and Rehabilitation Service.
Both these areas were then transferred to the newly formed Health Care Financing
Administration (HCFA) as of year 1977, and renamed again as the Centers for
Medicare & Medicaid Services (CMS).
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