Present Law And Possible Revenue Options Relating to the Medicare Catastrophic Insurance Program : Scheduled for a Markup Before the Senate Committee On Finance On September 7, 1989 Jcx-45-89

Cover Present Law And Possible Revenue Options Relating to the Medicare Catastrophic Insurance Program : Scheduled for a Markup Before the Senate Committee On Finance On September 7, 1989 Jcx-45-89
Present Law And Possible Revenue Options Relating to the Medicare Catastrophic Insurance Program : Scheduled for a Markup Before the Senate Committee On Finance On September 7, 1989 Jcx-45-89
United States. Congress. Joint Committee On Taxation
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Coinsurance of 20 percent will be required on drugs administered intravenously, while coinsurance will initially be 50 percent for newly-covered immunosuppressive drugs. (Medicare already covers 80 percent of the costs of immunosuppressive drugs in the first year following an organ transplant.) Effective January 1991, the CDI program will be expanded.
Coverage will include all outpatient prescription drugs and insulin, subject to an annual deductible amount ($600 in 1991) that will be adjusted
...each year to keep the proportion of enrollees paying the maximum deductible constant at 16.8 percent.
Coinsurance requirements will be 50 percent of reasonable charges above the deductible in 1991, 40 percent in 1992, and 20 percent in 1993 and subsequent years.
B. Financing of Medicare Benefits Part A benefits Part A benefits are financed through the Hospital Insurance Trust Fund. This trust fund is financed primarily through payroll tax contributions paid by employers, employees, and the self-employed.


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