New Executive Orders, will it help?

Medicare is a federal health insurance program for people who are sixty-five and older, or someone who has not to fall into the sixty-five-year bracket, however, has disabilities. Medicare benefits are divided into several categories, part A which covers inpatient care at hospitals, and with some limits skilled nursing facilities. It also covers hospital care and under some circumstances home health care. Part B covers doctors appointments, outpatient procedures, and test, mental health services as well as walkers, wheelchairs, and others. Part C is a privately run managed care option called medicare advantage.

Part C, covers for medical advantage. This is an alternative option to traditional medicare coverage. This more often than not includes Part A, part C, and Part D. However, this plan is usually made available by the insurance companies.

Pard D is administered by private insurance companies as well. This part covers any drug prescription related cost. It is mandatory to sign up for this plan unless there is another plan that covers the same benefits.

However, there are more people that are signing in to medical advantage plans. The reason is simple. Because the medical advantage plans cover more services, such as dental care, vision care and hearing care which are not provided in the original medicare plan. There are going to be some changes into the regulation as well, allowing more benefits to being enjoyed as a part of medicare advantage 2020

This can be improved by the executive order that president trump will sign on medicare and allow lower costs drug imports from Canada. This move is to strengthen the Medicare program for forty-four million Americans.

The administration would propose a rule which would compel the hospitals to disclose discounted rates with insurers. Hospitals that fail to share discounted prices in an online form could be fined up to $300 a day, according to the proposal. The pre-disclosed requirements would cover all hospitals that accept medicare, as well as others. This in hope will drive down the costs by lowering administrative overhead, curbing spending, and leveraging the federal government’s negotiating clout to drive down prices.

The president is planning to sign an executive order to overhaul kidney-disease care. This is done to improve kidney plans transplants and less expensive at-home dialysis treatment. This is done by directing federal agencies to educate and treat people with early forms of kidney disease, to make it easier to get a kidney transplant, and to shift the financial incentives for clinics and doctors away from the existing system that relies heavily dialysis.

On the other hand, the white house relaxed their restrictions on pretax health savings so that the money could be used in treatment to prevent disease. The change will allow insurers to begin providing coverage for those treatments before the deductibles are paid.

All of this moves are predicted to officially begin in 2020.