A major overhaul of Medicare could dramatically expand access to health care, as it does not currently exist, a new report shows.
Experts say a national health care plan could help ease chronic diseases, reduce hospital costs and ease shortages of medical supplies, as well as increase efficiency in the delivery of health care.
Medicare, the government-run health insurance program for the elderly and disabled, was established in 1965 as part of the federal Social Security Act to help pay for health care for the nation’s population.
It is the nation ‘s main health insurance and pensions program.
The U.S. is the only advanced nation that does not have a national program for seniors.
A national health plan would expand coverage and lower costs, said Dr. Eric R. Miller, a professor of medical management at Georgetown University who studies the health care sector.
A health care reform bill proposed by the Senate would likely be passed by the House of Representatives, where the Republicans hold a 52-48 majority.
The bill would replace the current system of Medicare Part A, the part of Medicare that pays for the cost of private insurance for beneficiaries, with a single-payer health care system.
That system, which covers everyone over 65 with no co-payments or other requirements, would cover seniors and people with disabilities as well.
Medicare Part B, which includes people over 65 and people who receive Medicare Part D benefits, would be expanded and replaced by a national plan.
The cost of a typical enrollee would rise to about $1,400 per month.
The plan would also make Medicare Part C, the current Medicare Advantage program for beneficiaries under 65, available to beneficiaries as well, which would include people who earn too much to qualify for Medicare Part K, the traditional Medicare program.
Medicare could be expanded to cover people who work or are unemployed.
It could also be expanded by eliminating the current eligibility requirements for Medicare Advantage, a program for older Americans that provides coverage to retirees and their families.
People could get Medicare benefits if they earned more than $150,000, but the bill would also phase out the existing eligibility requirements.
The Medicare plan would provide an annual premium subsidy to seniors of up to $8,500 for people who are in Medicare Part E. In addition, it would reduce the maximum amount of taxable income seniors would have to contribute toward their health care costs by $7,200, the maximum annual amount they could receive from the program.
For those 65 and older, the bill could also provide an income-based health insurance premium subsidy of up of $3,200 for those under 65.
Currently, a family of four with a net income of about $47,000 has to pay about $10,000 per year for health insurance.
It would drop to about half that amount for a family with income of $25,000.
“The plan would probably not reduce premiums by much because seniors would still have to pay the full premium,” said Miller.
“They’d still have their out-of-pocket costs.
But there would be some savings.
The idea is to allow them to save some of that money by increasing the amount they can contribute toward the cost.”
The bill also would expand the number of beneficiaries eligible for Medicare to about 2.3 million, from the current 2 million.
The new legislation would allow Medicare beneficiaries to receive medical care at hospitals and other outpatient clinics.
In 2018, there were about 3.6 million Medicare beneficiaries, and about a quarter of those would be seniors.
About a third of Medicare beneficiaries received care at a hospital, outpatient clinic or doctor’s office, according to a 2016 analysis by the Congressional Budget Office.
Medicare has a long history of expansion.
The government began paying benefits to beneficiaries at least a century ago, and in the late 1800s, Congress expanded coverage to everyone eligible for Social Security benefits, including those with disabilities.
The program began in the early 20th century as part the Social Security Trust Fund and was extended to cover the disabled and those in work.
It has also been expanded in recent decades, with the passage of the Medicare, Medicaid and CHIP health insurance programs.
“Medicare has been the envy of health systems in the world,” said Sen. Patty Murray, D-Wash.
“I am very proud that this is the first comprehensive national plan that addresses the need for a universal, national Medicare for all.”
The Senate health care bill is being negotiated behind closed doors between Senate Republicans and Democrats.
The nonpartisan Congressional Budget Center said the legislation would cost $1 trillion over a decade and result in a loss of more than 400,000 jobs and nearly 10 million Medicare and Medicaid beneficiaries.
The Congressional Budget office estimated the savings from repealing the current law’s employer mandate could be $300 billion a year, while reducing the number who would be eligible for Medicaid and Medicare would reduce those costs by about $2 trillion.
It also said the bill’s cost would be less than the estimated cost of eliminating the Affordable Care Act, which