Healthcare Reforms Proposed to Save Medicare

Healthcare ReformsWe all know that change is constant. It is also necessary for survival. This is possibly the biggest reason why public healthcare, undoubtedly a major pillar of the U.S. economy, needs change to keep functioning properly and stay competitive and useful to the people it aims to serve.

The Centers for Medicare and Medicaid Services (CMS) and the Obama administration are passionately working to highlight, and reinforce, the advantages of Medicare in improving the health of the elderly citizens of the U.S. There is also an emphasis on the fact that Medicare is still the best means of getting quality healthcare coverage at the best prices.

With the Affordable Care Act (ACA) in action, Medicare beneficiaries and taxpayers have a strong reason to breathe easy now. With an aim to provide quality services, CMS has adopted a range of delivery refinement measures for the system. The proposed reforms are as follows:

The foremost effort is to deliver quality care with overall improvements by lowering the cost. It is a change that will be effective for Patients, Providers and Taxpayers.

As a result of this initiative, it is estimated that $120 billion would be saved for Medicare over the next five years.

As per CMS, here are some action plans:

The signs forecast a brighter future for Medicare. However, only time will tell how far CMS would be successful in saving Medicare from losing the popularity and importance it now enjoys.

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