Medicare Savings Programs: Analyzing Options for Expanding Eligibility. - Inquiry

Medicare Savings Programs: Analyzing Options for Expanding Eligibility.

By Inquiry

  • Release Date - Published: 2009-12-22
  • Book Genre: Business & Personal Finance
  • Author: Inquiry
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Medicare Savings Programs: Analyzing Options for Expanding Eligibility. Inquiry read online review & book description:

The Medicare Savings Programs (MSPs) are designed to provide financial assistance to Medicare beneficiaries who do not qualify for full Medicaid coverage. This paper considers changes in eligibility that would better align MSP program rules with those related to receiving low-income subsidies, for the Medicare Part D drug benefit. These changes would make more people eligible for the MSPs and could encourage greater participation; similar changes were incorporated in recently passed legislation. Out" analysis. based on 2006 data from the Health and Retirement Study, shows there is a trade-of/ between making larger numbers of beneficiaries eligible by eliminating resource requirements and better targeting of individuals with greater health care needs by expanding income standards. **********

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