Medicare how many

Part C Medicare Advantage is also paid for by general revenues and beneficiary premiums. Part D prescription drug coverage is funded by general revenues, premiums, and state payments.

Who is eligible for Medicare? Generally speaking, you are eligible for Medicare if one of the following applies: you are 65 years old, and have been a legal permanent US resident for at least five continuous years. How do Americans receive Medicare coverage? Part B also covers hospital stays if the patient is kept under observation rather than being admitted as an inpatient.

Medicare Advantage Part C — allows Medicare beneficiaries to receive Medicare-covered benefits through private health plans which may also include extra benefits such as prescription drug coverage ie, integrated Part D coverage.

In exchange for the benefits, coverage will generally be limited to a network of providers as opposed to the nationwide access to providers that Original Medicare beneficiaries have. Medicare Part D — prescription drug coverage — provides price breaks on prescription drugs for nearly 49 million Americans who enroll in Part D plans designed and administered by private health insurance companies more than 24 million people have stand-alone Part D plans, and more than 24 million have Part D coverage integrated with a Medicare Advantage plan.

Outlook Projected Medicare enrollment by Interesting statistics In the following 7 chapters, you will quickly find the 38 most important statistics relating to "Medicare". Statistics on the topic. Overview U. Medicare enrollment from , by type of beneficiary.

Distribution of Medicare beneficiaries, by federal poverty level Top U. Medicare - number of hospital facilities in the U. Medicare - number of psychiatric hospital facilities in the U. Prescription drugs spending in the U. Enrollment of Medicare Advantage by plan type Rates of Medicare Advantage enrollment in top ten states in the U. Spending distribution of Medicare and Medicaid Share of U.

Annual growth in Medicare per capita spending and other measures Medicare HI trust fund asset balance at beginning and end of year U. More interesting topics Related topics. Hospitals in the U. Health care. Go to report. It covers many basic health services, including hospital stays, physician services, and prescription drugs. Many people on Medicare live with health problems, including multiple chronic conditions and limitations in their activities of daily living, and many beneficiaries live on modest incomes.

Figure 1: Characteristics of the Medicare Population. Medicare covers many health services, including inpatient and outpatient hospital care, physician services, and prescription drugs Figure 2.

Medicare benefits are organized and paid for in different ways:. Moreover, traditional Medicare does not pay for some services that are important for older people and people with disabilities, including long-term services and supports, dental services, eyeglasses, and hearing aids. Among different types of services, average per capita spending was highest for long-term care facility services, followed by medical providers and supplies, prescription drugs, and dental services.

Out-of-pocket spending rises with age among beneficiaries ages 65 and over and is higher for women than men. Not surprisingly, Medicare beneficiaries with poorer self-reported health status spend more than those who rate themselves in better health. Medicare spending is affected by a number of factors, including the number of beneficiaries, how care is delivered, the use of services including prescription drugs , and health care prices.

Both in the aggregate and on a per capita basis, Medicare spending growth has slowed in recent years, but is expected to grow at a faster rate in the next decade than since Figure 6.