Here is the synopsis of our sample research paper on MEDICARE MODERNIZATION - AN OVERVIEW. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 7-page paper focuses on the Medicare Prescription Drug Improvement and Modernization Act of 2003, its impact on health care and its costs. Bibliography lists 5 sources.
Page Count:
7 pages (~225 words per page)
File: AS43_MTmediimpr.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
this improvement in Medicare was to help provide seniors and individuals with disabilities with a prescription drug benefit, as well as more choices under Medicare (Medicare Modernization, 2010). The fact
that Bush backed this bill was somewhat remarkable, especially given that the Republican Party for years had been opposed to Medicare to begin with (Bartlett, 2009). Bush did this because
he realized that there was "broad support among the elderly" for a Medicare program that would pay for prescription benefits, as well as hospitalization and doctors visits (Bartlett, 2009).
The other reason why this was such a landmark bill was that the Medicare program originally didnt provide general prescription drug coverage (Duggan
et al, 2008). This meant more than 30% of the 44 million elderly and disabled beneficiaries of the program didnt have coverage for prescribed medications (Duggan et al, 2008). The
plan, known as "Medicare Part D," took effect in 2006. This was a voluntary plan to avoid political backlash against a "must have" plan and to help beneficiaries retain their
existing drug coverage from any existing employer-sponsored retiree health plans (Neuman and Cubanski, 2009). Impact on Healthcare Economists point out that
Medicare Part D has the ability to impact millions of individuals who are currently enrolled in Medicare and who were unable to get their prescriptions covered (Duggan et al, 2008).
By June 2006, after the first enrollment period ended, approximately 90% of all Medicare beneficiaries had prescription drug coverage; which was up from 66% in 2004 (Neuman and Cubanski, 2009).
Meanwhile, by 2009, nearly 60% of Medicare beneficiaries were enrolled in the Part D plan (Neuman and Cubanski, 2009). But about 4 million Medicare beneficiaries still lack any kind of
...