What does medicare (united states) mean?
Definitions for medicare (united states)
medi·care (united states)
This dictionary definitions page includes all the possible meanings, example usage and translations of the word medicare (united states).
Wikipedia
Medicare (United States)
Medicare is a government national health insurance program in the United States, begun in 1965 under the Social Security Administration (SSA) and now administered by the Centers for Medicare and Medicaid Services (CMS). It primarily provides health insurance for Americans aged 65 and older, but also for some younger people with disability status as determined by the SSA, including people with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). In 2018, according to the 2019 Medicare Trustees Report, Medicare provided health insurance for over 59.9 million individuals—more than 52 million people aged 65 and older and about 8 million younger people. According to annual Medicare Trustees reports and research by the government's MedPAC group, Medicare covers about half of healthcare expenses of those enrolled. Enrollees almost always cover most of the remaining costs by taking additional private insurance and/or by joining a public Part C or Part D Medicare health plan. In 2020, US federal government spending on Medicare was $776.2 billion.No matter which of those two options the beneficiaries choose—or if they choose to do nothing, beneficiaries also have other healthcare-related costs. These additional costs can include deductibles and co-pays; the costs of uncovered services—such as for long-term custodial, dental, hearing, and vision care; the cost of annual physical exams (for those not on Part C health plans that include physicals); and the costs related to basic Medicare's lifetime and per-incident limits. Medicare is funded by a combination of a specific payroll tax, beneficiary premiums, and surtaxes from beneficiaries, co-pays and deductibles, and general U.S. Treasury revenue.
Numerology
Chaldean Numerology
The numerical value of medicare (united states) in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of medicare (united states) in Pythagorean Numerology is: 8
Translations for medicare (united states)
From our Multilingual Translation Dictionary
- 医疗保险(美国)Chinese
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"medicare (united states)." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/medicare+%28united+states%29>.
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