President Lyndon Johnson created Medicare 45 years ago this summer, a program that offers health insurance coverage for seniors over 65 and for those younger than that with disabilities.
The Obama health care plan signed this year has caused some confusion among seniors and others about how the Medicare Open Enrollment period in 2011 will be affected by the new health insurance law. Whether you’re looking for Medigap quotes or Medicare Supplemental Insurance quotes, anyone going through the Medicare Open Enrollment period in 2011 will be affected by the bill that was signed in March.
From the idea that the government will implement death panels, to the untruths that the government will actually take away Medicare benefits, there are many misconceptions about the new rules associated with Medicare Open Enrollment in 2011. To help clarify confusion, here are a few basic facts.
The health reform bill proposed by President Obama and passed by the Congress in March is called the Affordable Care Act. You will often hear bureaucrats referring to ACA. They mean the new health care law.Among the most immediate changes:
Until now, hospitals, paid separately for each hospital stay, have had no incentive to prevent readmission, experts say. Under the new law, payments to certain hospitals with high readmission rates will be reduced starting in 2013, a spokeswoman for the federal Centers for Medicare & Medicaid Services said in a phone interview.
Among health care providers, pilot projects to streamline health care delivery and coordinate care are already underway.
These are only a few of the changes and modifications included in the new law.