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1 Social Security and Medicare & Medicaid NURS 4100 Care of the Older Adult Spring 2014 Joy A. Shepard, PhD(c), MSN, RN, CNE

Social security and medicare & medicaid spring 2014 abridged

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Page 1: Social security and medicare & medicaid spring 2014 abridged

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Social Security and Medicare & Medicaid

NURS 4100 Care of the Older Adult Spring 2014Joy A. Shepard, PhD(c), MSN, RN, CNE

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Objectives

Analyze the benefits of Social SecurityDiscuss the phenomenon of retirement

as it relates to an aging societyCompare and contrast the Medicare

and Medicaid programsList the benefits and barriers to long-

term care insurance

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Changing Demographics

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Changing Demographics

Year 2001

Year 2011

Year 2021

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Age & Sex Structure of the US Population: 2010, 2030, & 2050

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Shifting Composition of the Workforce

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Social Security

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Social Security

Social Security Act of 1935 Federal Federal public retirement pension systemFull retirement age steadily rising (since

1980s)Major source incomeHas decreased poverty ratesMajor recipients female elderly

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Social Security

QualificationsFinancially sustainable? No means testProcrastination – bad policyWhat suggestions do YOU have to

save Social Security?Text of the 1935 Social Security Act

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Review Question

Which of the following factors would not threaten the solvency of Social Security?

A. Baby Boomers taking early retirement. B. Means testing being implemented for Social

Security. C. Another recession or depression. D. Aging of the population.

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Retirement in an Aging Society

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Retirement

Phenomenon of retirement – How will it be redefined by the Boomers?

Decades of retirement - feasible?Social Security sufficient?Are Boomers prepared?“Third Age” career strategies

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Income Older Adults in America

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Medicare & Medicaid

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Medicare

Title XVIII of the Social Security Act (1965) Covers elderly and some disabled

– Part A – Hospital insurance– Part B

Supplemental medical insurance (physician care)Preventive services

Limited means test Covers ~ 45% of elders’ medical care bills

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Medicare Preventive Services

Prevention is any activity that reduces the burden of mortality or morbidity from disease. Services performed in a clinical setting that are designed to prevent disease, injury, or disability, prolong life, and promote health are known as preventive health services.

Examples: Screening, testing, counseling, immunization, preventive medication, and preventive treatment.

Help people avoid disease or injury (primary), delay the onset of disease (primary), detect disease in its earliest and most treatable state (secondary), or alter and change the course of chronic conditions by restoring function and reducing complications (tertiary).

Result: Longer, healthier, and more productive lives.

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Medicare Preventive Services (Part B):

One-time “Welcome to Medicare” preventive visit

Abdominal aortic aneurysm screening Alcohol misuse screenings and counseling Bone mass measurements (bone density) Cardiovascular disease screenings Cardiovascular disease (behavioral therapy) Colorectal cancer screenings Depression screenings Diabetes screenings

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Medicare Preventive Services Cont’d…

Diabetes self-management training  Glaucoma tests HIV screenings Mammograms (screening)  Nutrition therapy services Obesity screenings and counseling Pap tests and pelvic exams (screening) Prostate cancer screenings Sexually transmitted infections screening and cou

nseling

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Medicare Preventive Services Cont’d…

Shots: – Flu shots – Hepatitis B shots – Pneumococcal shots

Tobacco use cessation counseling Yearly "Wellness" visit http://www.medicare.gov/coverage/preventive-and-screening-ser

vices.html

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Medicare Related Resources

Medicare & You: Stay Healthy with Medicare’s Preventive Benefits (video)

Medicare & You: Women's Preventive Health (video)

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Medicare

Medicare Advantage – Part C

Voluntary Prescription Drug Benefit – Part D

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24 http://downloads.cms.gov/files/TR2013.pdf

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Question

Hospital insurance for Medicare recipients is funded under:– A. Medicare Part A– B. Medicare Part B– C. Medicare Part C– D. Medicare Part D 

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Medigap – Medicare Supplemental Insurance Policies

Medicare Supplemental Insurance

Private insurance – helps seniors pay for costs not covered by Medicare

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Medicare

Covers (with some limitations):– Skilled nursing in nursing facilities and subacute care

– Home health care– Hospice

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Medicare no longer covers the cost of 10 hospital-acquired conditions

Foreign object retained after surgery

Air embolism Blood incompatibility Stage III & IV pressure

ulcers Falls & trauma

Poor glycemic control Catheter-assoc UTI Vascular catheter-

associated infection Certain surgical site

infections (CABG, bariatric, orthopedic)

DVT or PE following TKR, hip replacement

For more information, please see http://www.cms.hhs.gov/HospitalAcqCond/06_Hospital-Acquired_Conditions.asp#TopOfPagehttp://www.cms.hhs.gov/apps/media/press/factsheet.asp?Counter=3227&intNumPerPage=10&checkDate=&checkKey=&srchType=1&numDays=3500&srchOpt=0&srchData=&keywordType=All&chkNewsType=6&intPage=&showAll=&pYear=&year=&desc=&cboOrder=date

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Review Question

Medicare recently issued a new ruling. It will cease paying for 10 preventable hospital-acquired conditions. Which of the following conditions are included in the new ruling?– A. Hematoma after venipuncture– B. Skin tear after being turned and

repositioned– C. Cellulitis after IV infusion– D. Pneumonia after aspirating on meal tray 

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Medicaid

Title XIX Social Security Act (1965)Covers “medically indigent”Funded partly by federal and partly by Funded partly by federal and partly by

state governmentsstate governmentsRun by states under federal guidelinesRun by states under federal guidelinesNorth Carolina statistics

North Carolina Medicaid State PlanNorth Carolina Division of Medical Assistance

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Latest Data: NC Medicaid Enrollments & PaymentsFMAP: Federal Share of Medicaid Costs

Rising Enrollments Federal Share/ State Share: 65.5%/ 34.5%

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Medicaid

Covers (depending on state’s program):– Nursing care

facilities– Assisted living– Home health

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Affordable Care Act of 2010 Expands Medicaid Eligibility in 2014

The Affordable Care Act of 2010, signed by President Obama on March 23, 2010, creates a national Medicaid minimum eligibility level of 133% of the federal poverty level ($29,700 for a family of four in 2011) for nearly all Americans under age 65.

This Medicaid eligibility expansion goes into effect on January 1, 2014 but states can choose to expand coverage with Federal support anytime before this date-see related Federal Policy Guidance and states that have expanded Medicaid prior to 2014.

States can also choose to opt out of the expansion. See eligibility provisions in the Affordable Care Act.

http://www.medicaid.gov/Medicaid-CHIP-Program-Information/By-Topics/Eligibility/Eligibility.html

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Review Question

What is federally mandated and state administered?

A. MedicaidB. Medicare

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Review Question

_________ is a $498 billion public health insurance program for low-income individuals and the largest long-term care program for the disabled and elderly.

A. MedicaidB. Medicare

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Review Question

Which of the following applies to Medicare and which applies to Medicaid? A. Federally administered, nationwide healthcare coverage program for elderly/ disabled B. Entitlement program—all individuals have a legal right to apply for the program; if they

meet the eligibility criteria, they are entitled to receive coverage C. Uniform: one set of requirements applies to all participating providers/ beneficiaries D. Joint federal/ state partnership: healthcare coverage for low-income individuals E. Differences among state programs: covered populations, benefits, cost sharing,

delivery systems and reimbursement to providers F. Means-tested program that provides benefits to certain categories of people who meet

rigorous income and asset rules G. States may cover other individuals under “waiver” programs H. Every state has a limit on what things (“assets”) a recipient may own and keep

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Ethical Issue: Transfer of Assets & “Spend Down”

Is transferring assets to qualify for Medicaid ethical?

Right to leave assets to children?

Should wealthy be subsidized?

Punished for being frugal?

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Long-Term Care Insurance

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Long-Term Care Insurance

Plan ahead for LTC costsMainly people over age 554-10% older population

coveredProvides 7% of total funding

for LTC