List Six Basic Types of Policy Alternatives for Medicare

Question

Examlex · Accepted Answer

The Answer is The following are potential policies Medicare could pursue:
Medicare can change who is entitled to benefits or what benefits individuals receive
Medicare can change Part B premiums, and it can change the out-of-pocket price of supplementary private insurance premiums. As well, Medicare can arrange for supplementary coverage in other programs, such as Medicaid.
Medicare can change the deductibles and copayments paid by enrollees and in the process, impact the demand for care (subject, of course, to the purchase of supplementary insurance).
Medicare can change the basis of reimbursement of providers. In addition to changing the definition of what output they will fund, Medicare can change the rate of payment.
Medicare can introduce competitive practices into its reimbursement mechanism.
Medicare can regulate the behavior of providers (i.e., make them provide care based on specific norms set by the program).

List Six Basic Types of Policy Alternatives for Medicare

Definitions: