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- W2296922879 abstract "edicare, the federal health insurance plan created 30 years ago to ensure equal access to health care for the elderly, is changing rapidly Medicare and Medicaid (the program that provides health care services for low-income people) are administered by the Health Care Financing Administration (HCFA). Stimulated by the Balanced Budget Act (BBA) of 1997, HCFA is fulfilling its mission as a prudent purchaser of health care services on behalf of 75 million beneficiaries by offering a new menu of options. Currently, Medicare expenses account for one-eighth of the federal budget. By offering an array of services to meet the vastly different needs and wants of Medicare recipients, HCFA hopes to drastically reduce health care costs over the next five years. For managed care organizations (MCOs), this represents an opportunity to serve additional beneficiaries. Today, approximately 4.5 million Medicare patients belong to MCOs. That numbef is expected to increase to 9.3 million over the next five years. This population of Medicare beneficiaries represents the last untapped pool of potential members for MCOs." @default.
- W2296922879 created "2016-06-24" @default.
- W2296922879 creator A5076743045 @default.
- W2296922879 date "1998-03-01" @default.
- W2296922879 modified "2023-09-26" @default.
- W2296922879 title "Medicare and Managed Care: Emerging Partnerships" @default.
- W2296922879 doi "https://doi.org/10.18553/jmcp.1998.4.2.105" @default.
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