Abstract
Medicare is the largest single purchaser of health care in the United States and currently helps to pay medical expenses for approximately one-fifth of the US population. The impetus for Medicare to move away from fee-for-service and toward value-based care payments reflects the need to incentivize and improve healthcare quality while containing increasing costs. This primer provides a detailed overview of several interrelated topics for an improved understanding of the Medicare program for orthopaedic surgeons, other clinicians, healthcare administrators, policymakers, and business leaders. An improved understanding may stimulate additional ideas for successful program advancements.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 427-438 |
| Number of pages | 12 |
| Journal | The Journal of the American Academy of Orthopaedic Surgeons |
| Volume | 32 |
| Issue number | 10 |
| DOIs | |
| State | Published - May 15 2024 |
Funding
Funding for Medicare is through two accounts held by the US treasury: the Hospital Insurance Trust Fund (Medicare Part A) and the Supplementary Medical Insurance Trust Fund (Medicare Parts B and D). Both funds comprise general revenues and payroll taxes. The Supplementary Medical Insurance Trust Fund also comprises premiums from people enrolled in Medicare Parts B and D. Medicare Part C is paid for by funds from both Part A and B treasury accounts and enrollee payments to MA insurers.
ASJC Scopus subject areas
- Surgery
- Orthopedics and Sports Medicine