StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Social security and Medicare reform Policy recommendations - Essay Example

Cite this document
Summary
The Medicare program is a recognized health program which operates in the United States mainly for the elderly people aged 65 years and over and those who are disabled. The program was established way back in the 1965 when the Social Security Amendment was passed. The program is…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Social security and Medicare reform Policy recommendations
Read Text Preview

Extract of sample "Social security and Medicare reform Policy recommendations"

Social Security and Medicare Reform Policy Recommendations The Medicare program is a recognized health program which operates in the United States mainly for the elderly people aged 65 years and over and those who are disabled. The program was established way back in the 1965 when the Social Security Amendment was passed. The program is run by the Centers for Medicare Services. The program started covering the disabled people in 1973. The program provides hospital insurance where the people enrolled are protected against huge medical costs.

The program also offers supplementary medical insurance program whereby people are assisted in paying for health care bills and doctor bills. In 2002, there were around 40.5 million citizens of United States who were enrolled in the program. In 2006, the government paid more than $80,000 for the program. The following is the data on the progress of the program. Beneficiaries by ageStates Elderly (65-74) Elderly (75-84) Elderly 80+Low State Kansas 36% Alaska 21% North Carolina 7%High State Nevada 52% Montana 35% Rhode Island 15%US 43% 28% 11% Ethnicity White Black Hispanic Other Low State Hawaii 21% Kansas 4% Pennsylvania 2% Florida 2%High State Vermont 98% D.

of Columbia 69% New Mexico 30% Hawaii 72%USA 77% 10% 8% 5%The USA Government has been spending over $7576 millions in Alaska under Low State, over $50,604 millions in California which is regarded as a High State, and a total of $471 260 millions in the US. Type of Beneficiary Old Age Insurance Survivors Insurance Disability Insurance BeneficiariesNumber in Thousands 38000 7000 11000 Total monthly benefits (Millions of Dollars) 46000 7500 10600The data above shows how the US Government spends money on various specials groups in the population.

The old age Insurance covers the retired workers, Spouses and children. The Survivors Insurance covers the widows, widowers and parents. It also covers the widowed mothers and fathers. The children are also included in the insurance cover. Lastly, the Disability Insurance covers the Disabled workers, Spouses and Children. This report refers to the month of February 2012. As compared to the earlier years, the government has improved both in Medicare and Social Security provision. In 2005, the USA residents had lost hope in the social Security Reform.

In the same year, the residents were not concerned at all by the Medicare Reform. What mattered to them most was on the progress of the war against Iraq. The economic goals will be achieved through improving the care given to the elderly, developing and promoting a holistic approach which is person centered to the person who is given the care, through recognition and focusing on the empowerment of the beneficiary, and enhancing equality control throughout the systems of social security and Medicare.

The policy recommendations stated that there was going to be no changes to social security since it does not contribute to deficit reduction. The president also believed that social security is not a driver of medium term deficits. The president reported that the Social Security program does not contribute at all to the deficit. There was a recommendation that the Social Security cuts to be put off. The other policy recommendation was to increase the eligibility age of those who were receiving the Medicare from age 65 to 67.

The policy recommended that the Medicare savings to be increased up to $340 billion.Work CitedSam Stein. Obama Won’t Include Social Security Reform In Recommendations To Super Committee. Wall Street Journal, 56, no.4, April 11th 2012. PrintMark Hertsgaard. Obama Backs Off Social Security Medicare Reform. The Washington Post. 34, no.4, 19th February 2012. PrintBob Bennet. Social Security Reform. Finanacial Times. 45, no.3 Friday October 28, 2011. Print.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Social security and Medicare reform Policy recommendations Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1593519-social-security-and-medicare-reform-policy-recommendations
(Social Security and Medicare Reform Policy Recommendations Essay)
https://studentshare.org/macro-microeconomics/1593519-social-security-and-medicare-reform-policy-recommendations.
“Social Security and Medicare Reform Policy Recommendations Essay”, n.d. https://studentshare.org/macro-microeconomics/1593519-social-security-and-medicare-reform-policy-recommendations.
  • Cited: 0 times

CHECK THESE SAMPLES OF Social security and Medicare reform Policy recommendations

Government-Mandated Benefits

hellip; According to Dominguez's report on social security and medicare future funding, it has been postulated that both programs are expected to run out of funds sooner than anticipated.... Motivated and willing leaders should be charged with this legislation which is critical considering the over 105 million beneficiaries of both social security and medicare programs.... These benefits (also known as social insurance programs) include unemployment compensations, social security, workers' compensation, and family and medical leave....
6 Pages (1500 words) Essay

Ethical Responsibilities in Healthcare

Both these programs came into effect when Lyndon Johnson Administration made amendments to the social security Act in 1965.... ) As it functions today, the health care policy framework designed to ensure sustained profitability of insurance companies, private hospitals, etc.... Hence, the adoption of a social-democratic policy framework is essential in order to favorably turn the situation around.... Even the recently passed healthcare reform legislations do not address core issues head-on; rather they only try to tinker with and correct a few aspects of a deeply flawed system....
5 Pages (1250 words) Term Paper

Implementation and Modification IP 4

Implementation and Modification IP 4 Name: Institution: Implementation and Modification IP 4 The Medicare program, which was coined from Section 18 of the social security Act known as Health Insurance for the Aged and Disabled, is part of the US social security Amendments of the year 1965.... All these witnesses gave individual accounts of the success of the current Medicare system and gave recommendations on ways of improving it.... According to Robert, the Medicare program did not offer comprehensive benefits thus had to spend at least $2,000 on a Medicare Supplement policy to gain more healthcare benefits....
4 Pages (1000 words) Essay

Issues Related to Social Security Fund

Trillion quoted by National Committee to Preserve social security and medicare ( 2012 ) .... This means payment of more taxes in the name of social security and other related programs.... Issues Related to social security Fund According to National archives (2012) ,social security Trust Fund was established by US President Franklin Roosevelt on 14 August 1935 under the law .... The fund earns its resources from mandatory cuttings from wages of working class, revenue interests generated by social security Fund and income tax paid by high earning class....
4 Pages (1000 words) Essay

Consequences of an Older Population

Consequences of an Older Population Name Institution Date Table of Contents Table of Contents 1 Consequences of an Older Population 2 Impacts of the Older Population 3 Medicare 5 Medicaid 6 Reform Areas 6 social security Reform 6 Medicare and Medicaid Reform 7 Focus on Older Americans Act (OAA) 8 Establishment of an Affordable and Viable Delivery System for the Elderly 8 Recommendations 9 Conclusion 10 Consequences of an Older Population United States is experiencing an unsustainable increase in the number of elderly people owing to the decline in birth rate and increased life longevity....
9 Pages (2250 words) Research Paper

Policy That Guides Community Services for Older Adults

Medicare gives two kinds of insurance that is the traditional fee-for-service option and medicare advantage.... The other group of individuals who qualify for Medicare are those eligible for social security.... The part A gets funding from a part of the taxation of social security benefits and payroll taxes.... This paper will discuss a policy that is associated with community services for older adults and their families.... medicare is influenced by law, for example, it is not allowed by the law to provide benefits for… The only preventive services allowed are the ones covered through the change in medicare Act....
8 Pages (2000 words) Research Paper

Medicare Reform in Our Changing Society

This paper 'medicare reform in Our Changing Society" focuses on the fact that the goal of health care reform is to provide quality, affordable health care for all Americans.... nbsp;… A key element of reform is to slow the growth of costs across the entire health care system so they more closely parallel growth of costs in the rest of the economy.... If health care reform fails, Medicare will surely be singled out for cuts in subsequent legislation....
13 Pages (3250 words) Research Paper

Fraudulent Practices In A Healthcare Sphere

It is worth noting that the Obstetric Health Care center and other healthcare institutions have numerous transactions that they conduct with the government such as making claims for the services that are given to medicare and Medicaid patients.... Health care fraud comprises of professional crime that entails filling of dishonest claims in healthcare facilities in order to convert them into profit....
9 Pages (2250 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us