HISTORY
In this year, the President of the US signed into law the bill that led to Medicare and Medicaid.
What is 1965?
No matter what, if you are this many years old and have lived in the US for at least five years, you qualify for Original Medicare.
What is 65?
Original Medicare is, in large part, funded by these.
What are payroll taxes?
Another term often used to refer to Medicare Advantage plans.
What are Part C plans?
State with the highest number of Medicare beneficiaries (as of 2020)
What is California?
In 1972, President Nixon signed into the law the first major change to Medicare. The legislation expanded coverage to include individuals under 65 who had these conditions.
What are long-term disabilities or ESRD?
If you are under 65 years old, you qualify for Original Medicare if you have these conditions.
What are disabilities, ESRD or amyotrophic lateral sclerosis (ALS)?
A Medicare eligible patient will normally pay this amount for a Part A premium.
What is 0$?
Fill in the blanks: in Medicare Advantage, X pays Y a fixed payment. Y then pays for the health care expenses of enrollees
What is Medicare (X) and private health insurer (Y)?
What is October 15 to December 7?
The federal law that made (arguably) the most significant changes to the Medicare program in history.
What is the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA)?
A type of care that Original Medicare is notorious for not covering.
What is long-term care or LTSS?
Medicare is paid for through these two trust fund accounts held by the U.S. Treasury.
What are the Hospital Insurance (HI) Trust Fund and the Supplementary Medical Insurance (SMI) Trust Funds?
Something you can't get and don't need if you have Medicare Advantage, that you might need and can get if you have Original Medicare.
What is Medigap?
This type of plan may be the wrong choice for a snowbird (someone who spends several months away from home).
What is a Medicare Advantage plan?
With the passage of this act, Medicare beneficiaries were given the option to receive their Medicare benefits through private health insurance plans.
What is the Balanced Budget Act of 1997?
If you have Original Medicare, enrollment in these programs is automatic for anyone receiving Social Security benefits.
What is Part A (Hospital Insurance) and Part B (Medical Insurance)?
In, 2022 the federal government spent this much money on on Medicare, before subtracting premiums and collections.
What is $982 billion?
*$755 billion = net Medicare, after subtracting premiums/collection
Nearly this % of the eligible Medicare population are enrolled in a Medicare Advantage plan.
What is 48?
6 best Medicare Advantage providers in the US for 2023, according to Forbes!
What is Humana, United, Blue Cross Blue Shield, Anthem (Elevance), Cigna, and Aetna?
The first two Medicare beneficiaries.
Who were President and First Lady Truman?
Common expenses not covered by Original Medicare. (Guess at least 2)
What are eye exams, eyeglasses, dentures, most dental care, medical care overseas, cosmetic surgery, and massage therapy?
Most 2023 Medicare members must pay a monthly premium of ROUGHLY this much money.
What is $164.90?
Common things Medicare Advantage plans cover, that Original Medicare does not.
Fitness programs; vision, hearing, and dental services; transportation; over-the-counter drugs; health and wellness services
System to measure how well Medicare Advantage and Part D plans perform.
What is the Star Rating System?