Cost has threatened the viability of the Medicare program, what's attributing to rising costs? How can...

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Cost has threatened the viability of the Medicare program, what's attributing to rising costs? How can...

Cost has threatened the viability of the Medicare program, what's attributing to rising costs? How can the rising cost problem be controlled?

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Answer 1

Answer #1

Answer: The increased cost of the Medicare is due to various reasons. Some of the reasons are:

The aging of the population with immense rate.
Increase in the Medicare expenditure.
Fast growth in Medicare enrollment.

These reasons has direct affects on the Medicare cost because the baby boomers are reaching to the age and eligibility for the Medicare program.

The excess of the cost can be controlled by various methods such as insured people must know their Medicare Part D prescription. People should be aware regarding the need of the Medicare programs. Reducing the health Disparities etc.

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Answer 2

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Cost has threatened the viability of the Medicare program, what's attributing to rising costs? How can...

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Evaluate ways to sustain the viability of Medicare. Examples can include: Decrease entitlement benefits Consumer cost-sharing...

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