Memo - 2476 Words

Memo To: Representative Howard Hughes From: Date: Re: Panel discussion on funding Medicare crisis Message: Below please find outline of current Medicare cost concerns as well as some history on the program as well as some plan options to cutting overall costs. Medicare is facing a major financial crisis. The federal government subsidizes medical care for more than 45 million elderly and disabled Americans through Medicare. Medicare is the third-largest federal program after Social Security and defense, and it will cost taxpayers about $430 billion in fiscal year 2010. Medicare is one of the fastest-growing programs in the federal budget, with spending likely to double over the next decade and to surpass Social Security†¦show more content†¦Interest made from this trust fund also contributes to the income of the fund, to be used by the beneficiaries. AARP suggests that in the year 2000, four workers contributing to the fund covered each Medicare beneficiary. Realizing that Part A had some flaws, and could prove to become very expensive for those patients who were chronically ill and might not be able to afford treatment within the given coverage guidelines of Medicare Part A, CMS devised an optional Medicare Part B program, commonly referred to as â€Å"physician services†. Medicare Part B not only adds additional insurance, but also covers other health care needs, particularly those not covered by Part A. This Supplemental Medical Insurance (SMI) does not cover the services 100%, but rather 80%, where the beneficiary would only be responsible for the remaining 20%, also known as a coinsurance. (Lonchyna) Prior to Medicare being enacted into law, all individuals seeking assistance from medical providers, namely physicians, had to do so at their own expense. These individuals were left to pay for their medical treatments and consultations byShow MoreRelatedThe Bybee Torture Memo Essay1789 Words   |  8 PagesThe Bybee Torture Memo On August 1, 2002, Justice Jay Bybee submitted the â€Å"Bybee Memo† or the ‘Torture Memo†, which describes the behavior that U.S. officials must exercise when interrogating outside of the continental U.S. as governed by the UN Convention Against Torture. Although this memo was rendered inoperable by the Bush AdministrationRead MoreMemo1068 Words   |  5 PagesMemo To: Senior Attorney From: Shaimah Hoosein Date: [ 10/19/2010 ] Re: New Client Angela Woodside. Angela Woodside visited our firm on December 18th 2007 and played out her scenario for us so that we can help her resolve this dilemma she has been caught up in. After her meeting, you’ve requested that I address the following six (6) issues with my opinion. Please take a moment to review my research. After reading the scenario between Ms. Woodside and Doyle Contractors the following areRead MoreMemo3484 Words   |  14 PagesT.C. Memo. 2009-93 UNITED STATES TAX COURT THOMAS J. WOODY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 30077-07. Filed April 30, 2009. P alleges that during tax year 2004 he had a real estate investment and rental business. P deducted expenses associated with this activity as business expenses under I.R.C. sec. 162. R disallowed the business expense deductions. On the basis of this disallowance, R determined a deficiency in P’s Federal income tax for 2004. P petitionedRead MoreMemo1319 Words   |  6 Pagescommunications in regards to the issues pertaining to your company’s questionable reaffirmation practices. This memo contains various strategies directed at a diverse array of stakeholders. | Memorandum To: Mr. Arthur Martinez (Chairman and Chief Executive Officer) From: Douglas Puckett (External management consultant) Date: [ 6/19/2013 ] Re: Communication Strategy Memo Confidential The bulk of the issues as I understand them are finding a manner to properly address the practice yourRead MoreMemo633 Words   |  3 PagesMEMO To: From: Re: Date: Introduction The long-term unemployed will make state and nation decrease the productivity and increase debt in public system. In response to the chronic unemployment of low and non-skilled workers in state X, the government aims to train them to get back to social and increase the productivity to society. There are two company could take the action for government, one is private sector that offers the on-the-job training program and another one is education programRead MoreMemo975 Words   |  4 PagesIntroduction Pepsi-Cola had been around since the late 1800, it was invented by Caleb Bradham, a pharmacist and drug store owner in New Bern, N.C. His invention was sparked from a hot and humid day in N.C., he wanted to invent a refreshing drink that would quench his customers thirst. His mixture of kola nut extract, vanilla and rare oils, became popular with his customers they named it â€Å"Brad’s Drink†, in 1898. With the overwhelming respond by his customers and sales of the soft drink, CalebRead MoreMemo647 Words   |  3 PagesMEMORANDUM FOR: SEE DISTRIBUTION SUBJECT: Non-Commissioned Officer Development Program (NCODP) for Fiscal Year 2015 1. REFERENCES: a. ADP/ADRP 6-22 b. ADP/ADRP 7-0 c. FM 7-1 d. AR 350-1 Chapter 4-10 e. NGB Regulation 600-200 f. NGIL Regulation 350-2 Chapter 6 2. The purpose of this memorandum is to establish educational priorities for the Non-Commissioned Officers (NCOs) of the 33TH Military Police Battalion (MP BN) and provide training guidance for the planning, conductingRead MoreEssay On Memo1047 Words   |  5 Pages Due to our recent purchase of the hospital and subsequent reviews of the operations some issues have to be addressed. This memo is purely directed towards the hospitals record keeping practices and HIPAA compliance. Currently the hospital is processing everything but insurance billing manually. The use of paper records is not only a security risk it can also be destroyed in a disaster. In another memorandum we will discuss the need to develop a functional Disaster Recovery Plan (DRP). Read MoreLease Memo1136 Words   |  5 PagesLeasing Option Memo for Client Elizabeth P Grady ACC 541 December 5, 2011 Leslie Crews Memorandum to: Client from: Elizabeth Grady, Staff 1 subject: Leasing options memo date: december 5, 2011 ------------------------------------------------- Each year the number of leasing agreements continues to grow. There are several advantages of leasing property instead of owning. The company is protected against obsolescence and can receive 100% financing with less cost, fixed paymentsRead MoreMemo Analysis1419 Words   |  6 PagesWrite a memo that communicates the budget situation to the rest of the team Memo From: Director of Human Resources and Project Leader To: Team Members on the Compensation/Benefits Project Date: 06/10/2017 RE: Budgetary concerns related to revamp Compensation and Benefits Package This memo is being written to inform all the team members of the Human Resource revamp project about the present budget situation pertaining to completion of the project. When reviewing the progress of our team it was