Under the patient protection and affordable care act (ppaca), an individual with a preexisting condition is the Medicare reimbursement rate will decrease.
What is medicare reimbursement?
- The process through which a physician or healthcare facility receives money for offering medical services to a Medicare beneficiary is known as Medicare reimbursement.
- However, Original Medicare beneficiaries who obtain care from a clinician that refuses assignment might also need to submit claims for payment.
- 80 percent of your covered expenses are paid by Medicare.
- It must cover the remaining 20% of original Medicare costs through deductibles, copayments, and coinsurance.
- To assist cover some of the 20%, some people get supplemental insurance, sometimes known as Medigap, through private insurance.
- The typical Medicare reimbursement rate, according to the Centers for Medicare & Medicaid Services (CMS), is about 80% of the total cost.
- The amount paid to various kinds of healthcare professionals varies.
Learn more about medicare reimbursement here:
https://brainly.com/question/24215483
#SPJ4
