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www.reference.com/article/contractual-adjustment-e1b4b82441c56c6f

According to the St. Bernardine Medical Center, a contractual adjustment is part of the bill that a hospital has agreed not to charge a patient because of billing agreements with the patient's insurance company. It is the most common type of adjustment made by medical p...

www.reference.com/article/medicare-6e99574f9cb1c5d9

Medicare is a federal health care program offering medical coverage for all Americans age 65 and older, along with younger people with disabilities and those with end-stage renal disease, a chronic kidney disease. Medicare offers eligible individuals care in four basic ...

www.reference.com/article/definition-medicare-deductions-900648ee4e9646dc

Medicare deductions are funds withheld from employee paychecks to pay into the federal Medicare system, as reported by the Internal Revenue Service (IRS). The Medicare system relies on these funds and paying into the system is required of all employees and self-employed...

www.reference.com/article/did-medicare-start-badcaa3df36cb789

Medicare was signed into law on July 30, 1965 by President Lyndon Baines Johnson. In attendance at the signing was President Harry S. Truman. Truman was then awarded the first Medicare card.

www.reference.com/article/medicare-allowed-amount-2014-96c5a37028eab85f

According to the Center for Medicare and Medicaid Services, the allowed amount for a new patient visit ranged from $43 to $54 in 2014, depending on the place providing the service. The allowed amount varied depending on the type of procedure and the facility that provid...

www.reference.com/article/medicare-part-b-db8c5cc41f24a645

Medicare Part B is the portion of Medicare that covers both medically necessary services and preventive services. Medically necessary services include services and supplies needed to diagnose or treat a person's medical condition. Preventive services include health care...

www.reference.com/article/services-covered-medicare-1253fd858009d742

Medicare Part A hospital insurance covers inpatient hospital care, skilled nursing facility care, nursing home care, home health services and home hospice care. Medicare Part B medical insurance covers doctor visits, surgery, lab tests, preventive services and needed me...