tci Medicare Compliance & Reimbursement - 2008 Issue 28

Industry Notes: MedPAC Releases View Of Average Medicare Patient

Plus: HIPAA violation of $100,000 stuns health plan. If you've ever wondered just how vast the Medicare program is, just take a look at the new June 2008 MedPAC Data Book, which offers a glimpse into the specifics of the Medicare program. According to the MedPAC report, released on July 18, Medicare spending accounts for 22 percent of the $1.76 trillion spent annually in the U.S. on personal healthcare. In addition, the report reveals that the average age of a Medicare patient is between 65 and 74 years, although per-capita expenditures were greatest in patients between...

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