medicare medicare  /ˈmɛ də ˌkɛr/

Definition(s):

  • (n) health care for the aged; a federally administered system of health insurance available to persons aged 65 and over

Usage(s):

  1. The insurance industry was second only to the medical profession in battling the advent of medicare.
  2. The American Medical Association has one pain that two aspirins and a good night's sleep won't ease, and that is President Johnson's medicare proposals.

News

  1. Medicare Paid for Fraudulent Prescriptions

    In 2009, massage therapists, athletic trainers, chiropractors and other professionals wrote hundreds of thousands of drug prescriptions without the authority to do so. In some cases these were controlled substances like oxycodone, but Medicare Part D, which covers prescription drugs, paid for them anyway....        
    on June 22, 2013     Source: ABC News

  2. Medicare lab work costing you money

    When a federal agency fails to shop around for a deal, it almost always costs taxpayers lots of money.  Take for example Medicare, in 2010, it shelled out more than $8 billion for lab work, such as testing a patients' blood. A new Inspector General's report shows that Medicare, a program for senior citizens, failed to get discount rates.  For private health insurers that's a routine part of ...
    on June 22, 2013     Source: WHP CBS 21 Harrisburg

  3. Understanding Medicare Premiums; Now Projected to Grow Slower

    June 21, 2013 - At the end of May, the Medicare Trustees reported that Medicare costs are expected to grow more slowly than was previously expected. One of the positive effects of this trend is that Medicare premiums are also expected to increase more slowly.
    on June 21, 2013     Source: Senior Journal

Quotes

  1. "The fact that this administration won't allow the man charged with implementing the president's plan to cut $500 billion out of Medicare to testify about his plans for the care of our nation's seniors is truly outrageous," he said.
    on Jul 7, 2010 By: Mitch McConnell Source: The Hill (blog)

  2. "Republicans in Congress have offered legislation to reform healthcare, without shifting Medicaid costs to the states, without cutting Medicare, and without raising your taxes," McDonnell said. "We will do that by implementing common sense...
    on Jan 27, 2010 By: Bob McDonnell Source: Central Florida News 13

  3. "We will root out the waste, fraud, and abuse in our Medicare program that doesn't make our seniors any healthier, and we will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our...
    on Feb 25, 2009 By: Barack Obama Source: Economic Times

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