What does Medicare mean?
Definitions for Medicare
ˈmɛd ɪˌkɛərmedi·care
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Medicare.
Princeton's WordNet
Medicarenoun
health care for the aged; a federally administered system of health insurance available to persons aged 65 and over
Wiktionary
medicarenoun
The Canadian national health care system
Medicarenoun
The system of government subsidies for health care for the elderly and disabled.
My mom started getting Medicare last week.
Medicarenoun
The publicly funded universal health care system, operated by the government authority Medicare Australia.
ChatGPT
medicare
Medicare is a federally funded health insurance program in the United States that primarily benefits individuals aged 65 and older, and certain younger people with disabilities or terminal illnesses. It provides coverage for various healthcare services, including hospitalization, outpatient care, prescription drugs, skilled nursing facility care, home healthcare, and hospice care. It is divided into several parts, with each part covering specific services. Despite offering wide coverage, it doesn’t cover all medical expenses or the cost of most long-term care.
Wikidata
Medicare
In the United States, Medicare is a national social insurance program, administered by the U.S. federal government since 1965, that guarantees access to health insurance for Americans aged 65 and older and younger people with disabilities as well as people with end stage renal disease and persons with Lou Gehrig’s Disease. As a social insurance program, Medicare spreads the financial risk associated with illness across society to protect everyone, and thus has a somewhat different social role from for-profit private insurers, which manage their risk portfolio by adjusting their pricing according to perceived risk. Medicare offers all enrollees a defined benefit. Hospital care is covered under Part A and outpatient medical services are covered under Part B. To cover the Part A and Part B benefits, Medicare offers a choice between an open-network single payer health care plan and a network plan, where the federal government pays for private health coverage. A majority of Medicare enrollees have traditional Medicare over a Medicare Advantage plan. Medicare Part D covers outpatient prescription drugs exclusively through private plans or through Medicare Advantage plans that offer prescription drugs.
U.S. National Library of Medicine
Medicare
Federal program, created by Public Law 89-97, Title XVIII-Health Insurance for the Aged, a 1965 amendment to the Social Security Act, that provides health insurance benefits to persons over the age of 65 and others eligible for Social Security benefits. It consists of two separate but coordinated programs: hospital insurance (MEDICARE PART A) and supplementary medical insurance (MEDICARE PART B). (Hospital Administration Terminology, AHA, 2d ed and A Discursive Dictionary of Health Care, US House of Representatives, 1976)
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Anagrams for Medicare »
ceramide
Numerology
Chaldean Numerology
The numerical value of Medicare in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of Medicare in Pythagorean Numerology is: 4
Examples of Medicare in a Sentence
At a time when Donald Trump and the health insurance industry are lying every day about Democrats Medicare for all, I would hope that my fellow Democrats would not resort to misinformation about my legislation.
As we speak, Congress is working to fix the Medicare physician payment system. I have my pen ready to sign a good bipartisan bill.
I think it is not at all unprecedented for the secretary to exercise the same authorities that I was discussing with Justice Thomas here, the authorities to set conditions of participation for hospitals and other providers in Medicare and Medicaid to impose very detailed, very prescriptive requirements that would have very high compliance costs.
I think that the issue is not that The PBMs can't negotiate low prices, but rather that The PBMs don't have a strong enough incentive to pass those on to the consumer( in the way that Costco does). More transparency and competition in the supply chain would help, as would improvements to Medicare Part D to enhance competition among plans.
The investment would be worth it, it won't cost Medicare or the country more money, but having people living not just longer but healthier is essential to being able to experience the benefits of longer lives.
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Translations for Medicare
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"Medicare." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/Medicare>.
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