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The new cards will use a unique, randomly-assigned number called a Medicare Beneficiary Identifier (MBI), to replace the Social Security-based Health Insurance Claim Number (HICN) currently used on the Medicare card.
Depending on income level, Medicare beneficiaries can qualify for one of the Medicare Savings Programs that provide limited Medicaid coverage: Qualified Medicare Beneficiary (QMB), Specified Low-Income Medicare Beneficiary (SLMB), and Qualifying Individual (QI).
Meanwhile, annual spending per Medicare beneficiary has fallen from $12,000 in 2011 to about $11,200 in 2014.
Major finding: Quarterly spending per Medicare beneficiary was reduced by $100 for those receiving care in a practice with Blues Cross Blue Shield of Massachusetts' Alternative Quality Contract.
In the final chapters, the book reveals how the “Medicare Advantage Medical Savings Account” will emerge as the Medicare beneficiary preferred health plan because it restores the ability to choose any doctor, go to any hospital and gives the Medicare beneficiary the ability to choose how healthcare will be delivered to them with a zero plan premium.
Using the projected $8,600 average cost per fee-for-service Medicare beneficiary in 2010, that's a savings of more than $500 per person, per year.
Only the RRE has a duty to report under Section 111--not the Medicare beneficiary and not the attorneys.
A decline in the number of taxpaying workers per Medicare beneficiary will further strain the ability of general revenues to sustain Medicare spending.
The two groups are also similar in Medicare beneficiary satisfaction with health care.
When Congress enacted Part C of Medicare - the creation of Medicare Advantage plans - it took a bold step to create choice and competition for every Medicare beneficiary. Although Medicare Advantage plans offer significant benefits to users, there is confusion and controversy about how these plans function.
The study found the number of medical conditions treated per Medicare beneficiary has risen sharply.
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