Medicare Part C: Difference between revisions
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==History== | ==History== | ||
"The Balanced Budget Act (BBA) of 1997 establishes a Medicare+Choice program under part C of Title XVIII, Section 4001, of the Social Security Act."<ref name="MedicarePartc">{{MeSH}}</ref> | "The Balanced Budget Act (BBA) of 1997 establishes a Medicare+Choice program under part C of Title XVIII, Section 4001, of the Social Security Act."<ref name="MedicarePartc">{{MeSH}}</ref> Pursuant to the [[Medicare Prescription Drug, Improvement, and Modernization Act]] of 2003, the compensation and business practices changed for insurers that offer these plans, and "Medicare+Choice" plans became known as "Medicare Advantage" (MA) plans. In addition to offering comparable coverage to Part A and Part B, Medicare Advantage plans may also offer [[Medicare Part D]] coverage. | ||
==References== | ==References== | ||
<references/> | <references/> | ||
Revision as of 14:40, 12 July 2008
In the United States of America, to use Medicare Part C, "an eligible individual may elect to receive Medicare benefits through enrollment in a Medicare+Choice plan. Beneficiaries may choose to use private pay options, establish medical savings accounts, use managed care plans, or join provider-sponsored plans. "[1]
History
"The Balanced Budget Act (BBA) of 1997 establishes a Medicare+Choice program under part C of Title XVIII, Section 4001, of the Social Security Act."[1] Pursuant to the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, the compensation and business practices changed for insurers that offer these plans, and "Medicare+Choice" plans became known as "Medicare Advantage" (MA) plans. In addition to offering comparable coverage to Part A and Part B, Medicare Advantage plans may also offer Medicare Part D coverage.
References
- ↑ 1.0 1.1 Anonymous (2024), Medicare Part C (English). Medical Subject Headings. U.S. National Library of Medicine.