Question

what are the characteristics of Medicare

Answer 1

Medicare covers people with a differing profile related to statistic and health status. A larger part of recipients are white, female, between the ages of 65 and 84, and report their health status as great or better. While numerous Medicare recipients appreciate great health, others have noteworthy health needs and confinements.

There are four parts of Medicare:

Part A, Part B, Part C, and Part D.

By and large, the diverse parts of Medicare help spread explicit administrations.

• Part A gives inpatient/medical clinic coverage.
• Part B gives outpatient/restorative coverage.
• Part C offers a substitute method to get your Medicare benefits (see underneath for more data).
• Part D gives physician recommended medication coverage.

Characteristics of Medicare Beneficiaries:

1. In terms of Demographic Characteristics.

Figure 1 Selected Demographic Characteristics of Medicare Beneficiaries, 2010 Other 5% Hispanic 9% Black 10% 85+ 13% Male 45% 75-84 27% White 77% 65-74 44% Female 55% <65 16% Gender Race/Ethnicity Age KAISER FAMILY SOURCE: Kaiser Family Foundation analysis of the Medicare Current Beneficiary Survey 2010 Cost and Use file.

In terms of Health Status of the Medicare Population.

Figure 2 Selected Measures of Health Status of the Medicare Population, 2010 Percent of all Medicare beneficiaries 4+ Chronic Conditions 45% Functional Impairment (1+ ADL Limitations) 34% Cognitive/Mental Impairment 31% Fair/Poor Health 26% NOTE: ADL is activity of daily living. SOURCE: Kaiser Family Foundation analysis of the Medicare Current Beneficiary Survey 2010 Cost and Use file. KAISER FAMILY

In terms of their Income.

Figure 3 Distribution of Medicare Beneficiaries By Income, 2013 %: incomes above $93,900 50%: incomes below $23,500 25%; incomes below $14,400 NOTE: Total household income for couples is split equally between husbands and wives to estimate income for married beneficiaries. SOURCE: Urban Institute analysis of DYNASIM for the Kaiser Family Foundation. KAISER FAMILY

As per a given report by Kaiser Family Foundation recently released a report specifying a few of the more all inclusive characteristics, a majority share of Americans that are Medicare recipients live with one, however numerous interminable conditions. Furthermore, one-fourth of the individuals who profit by Medicare are in "reasonable for poor" health. This measurement alone is one reason why our consultants urge their customers to exploit yearly health tests.

Compare the following graph to understand characteristics of a qualified Medicare beneficiary.(reference: Kaiser Family Foundation).

Figure 1 Characteristics of the Medicare Population Percent of total Medicare population: 3+ chronic conditions 66% 50% Income below $24,150 Savings below $63,350 Cognitive/mental 50% 31% impairment Fair/poor health Functional impairment 27% 21% (2+ ADL limitations) Under age 65 with 17% permanent disabilities Age 85+ Long-term care facility 13% 5% resident NOTE: ADL is activity of daily living. SOURCE: Kaiser Family Foundation analysis of the Centers for Medicare & Medicaid Services Medicare Current Beneficiary 2011 Cost and Use file.; Urban Institute and Kaiser Family Foundation analysis, 2015 (for income and savings). KAISER FAMILY

References:

1. Kaiser Family Foundation analysis of the Medicare Current Beneficiary Survey 2010 Cost and Use file.
2. Jacobson G, Huang J, Neuman T, Smith K, Income and Assets of Medicare Beneficiaries, 2013–2030, Kaiser Family Foundation, January 2014. Available at http://kff.org/medicare/issue-brief/income-and-assets-of-medicare-beneficiaries-2013-2030/.