Medicare: The Role of Medicare in Reimbursement Many practitioners wonder why Medicare is so important for reimbursement and why such emphasis is placed on Medicare policies. The answer focuses on the rapid rise of health-care costs, financial pressures on business, the battle between private insurers and health care providers, and the desire of government to control ... Article
Article  |   June 01, 2005
Medicare: The Role of Medicare in Reimbursement
Author Affiliations & Notes
  • Robert C. Fifer
    Mailman Center for Child Development, Miami, FL
  • Rosemary GriffinColumn Editor
Article Information
Practice Management / Professional Issues & Training / Medicare
Article   |   June 01, 2005
Medicare: The Role of Medicare in Reimbursement
SIG 11 Perspectives on Administration and Supervision, June 2005, Vol. 15, 8-10. doi:10.1044/aas15.2.8
SIG 11 Perspectives on Administration and Supervision, June 2005, Vol. 15, 8-10. doi:10.1044/aas15.2.8
Many practitioners wonder why Medicare is so important for reimbursement and why such emphasis is placed on Medicare policies. The answer focuses on the rapid rise of health-care costs, financial pressures on business, the battle between private insurers and health care providers, and the desire of government to control Medicare and Medicaid outlays.
There is little disagreement that the quality of health care and the quality of health in this country have improved dramatically from 1940 to the present. But, these gains in health and well-being came at a price. In 1960, health care spending consumed 5.1% of the Gross Domestic Product (GDP). In 2003, health care spending obligated 15.3% of the GDP—a rise in the portion of GDP that shows no signs of slowing (Department of Health and Human Services, 2005).
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