Co-pays for home care one Medicare option, but costs may be too high
Article Abstract:
Patient co-payments are being considered to subsidize Medicare, but some observers fear that the elderly will avoid medical care to save paying them,especially with home care services. The AMA supports asking more affluent seniors to share some Medicare costs, fearing that otherwise physicians will be asked to shoulder more costs themselves. Home care is the fastest growing segments of Medicare spending, and has increased from $3.8 billion to $13.8 billion as an alternative to more expensive hospitals and nursing homes.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1995
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Studies: higher cost-sharing could hit some seniors hard
Article Abstract:
Several studies indicate that the Republicans' plan for reducing Medicare costs by $270 billion over a seven year period by 2002 would be a serious financial burden for many senior citizens to handle. Senior citizens may be required to pay as much as $1000 annually under the plan. A study by Rand Corp shows a tremendous disparity in wealth among those 70 or older when factors including marital status, race, health and ethnicity are taken into account.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1995
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Seniors likely to pay for Medicare changes
Article Abstract:
Congressional Republicans, hoping to avoid a projected Medicare hospital trust fund deficit, plan to shift more of the Medicare cost burden to healthcare recipients. The Republicans' proposed changes, which are supported by some Democrats, would increase the average beneficiary's out-of-pocket expenses by almost $700, according to the American Assn of Retired Persons.
Publication Name: American Medical News
Subject: Health
ISSN: 0001-1843
Year: 1995
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