Medicare Blog

who are the stakeholders of medicare

by Reanna Goyette Published 1 year ago Updated 1 year ago
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Stakeholders include senior Medicaid

Medicaid

Medicaid in the United States is a federal and state program that helps with medical costs for some people with limited income and resources. Medicaid also offers benefits not normally covered by Medicare, including nursing home care and personal care services. The Health Insurance As…

and agency leadership, the Governor's office, the provider community, the patient and advocacy community, the State legislature, and the Centers for Medicare & Medicaid Services (CMS

Centers for Medicare and Medicaid Services

The Centers for Medicare & Medicaid Services, previously known as the Health Care Financing Administration, is a federal agency within the United States Department of Health and Human Services that administers the Medicare program and works in partnership with state government…

).

Stakeholders include senior Medicaid and agency leadership, the Governor's office, the provider community, the patient and advocacy community, the State legislature, and the Centers for Medicare & Medicaid Services (CMS).

Full Answer

Who are the stakeholders in the healthcare system?

All stakeholders have duties and responsibilities. Clearly the interrelationship among the stakeholders in the healthcare system is rather complex. Two of the stakeholders, pharmaceutical firms and insurance companies, are publically owned corporations listed on the stock exchange.

Why engage stakeholders in Medicaid care management?

Engaging key stakeholders is critical to the success of a Medicaid care management program. Involving stakeholders during the planning and designing stages can lead to early buy-in, successful program design, and establishment of long-term support for the program.

What are the different types of stakeholders?

Stakeholders can be internal or external to an organization. Internal stakeholders are people whose interest in an entity comes through a direct relationship, such as employment, ownership, or investment. External stakeholders are those who do not directly work with a company but are affected somehow by the actions and outcomes of the business.

How should stakeholders be involved in the development of a program?

Stakeholders should be involved during each stage of the program to build support for it, provide suggestions for its design, and participate in evaluation and continuous quality improvement activities.

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Who are the stakeholders for Medicare for All?

The group includes heavy-hitting lobbying groups such as America's Health Insurance Plans, PhRMA, the American Medical Association, the American Hospital Association, and other large insurance and provider groups.

What stakeholders were identified in the evaluation of Medicare?

For Medicare Advantage organizations, the stakeholders are a vast group. Stakeholders include patients, physicians, employers, insurance companies, pharmaceutical firms, and government agencies. Each of these individuals/groups has a vested interest in the cost and quality of healthcare being provided.

Who are the internal stakeholders in healthcare?

Internal stakeholders are those who operate within the hospital. An example of internal stakeholders would be hospital employees and medical staff members. Internal stakeholders know the innermost workings of the organization which puts them in a unique position to offer insight and expertise.

Who is the largest stakeholder in the US healthcare system?

Insurance Companies The insurance industry also is a major stakeholder in the healthcare industry. It often is blamed for the problems with the healthcare system because of the millions of people who are underinsured and uninsured.

Who are the key stakeholders?

6 Examples of StakeholdersCustomers. The customer is a primary stakeholder, which is an entity that is directly linked to the company and its economic success. ... Employees. ... Governments. ... Investors and shareholders. ... Local communities. ... Suppliers and vendors.

Who are the main stakeholders in the health care policy development process?

The major stakeholders in the healthcare system are patients, physicians, employers, insurance companies, pharmaceutical firms and government. Insurance companies sell health coverage plans directly to patients or indirectly through employer or governmental intermediaries.

What is meant by stakeholders in healthcare?

5. The EHC Program defines a “stakeholder” as a person or group with a vested interest in a particular clinical decision and the evidence that supports that decision, including: Patients, caregivers, and patient advocacy organizations. Clinicians and their professional associations.

Who are the internal and external stakeholders?

Internal stakeholders include employees, owners, shareholders, and managers. They are simply anyone within the organization. By contrast, external stakeholders include suppliers, governments, customers, trade unions, and creditors. These are people and organizations that are outside of the business.

Who are primary and secondary stakeholders?

Primary stakeholders are those who have a direct interest in your organisation, whereas secondary stakeholders have an indirect association or benefit. If you have clear, concise plans of how to address each of your key stakeholder segments, you will ensure your organisation is continuously affirming your relevance.

Who are the stakeholders in the pharmaceutical industry?

The primary stakeholders have the utmost responsibility in a company. They include the company suppliers, consumers using the company's pharmaceutical product, the medical research institute, employees working in the organization and the company shareholders.

Who are the key players in the healthcare industry?

10 Biggest Healthcare Companies#1 CVS Health Corp. ( CVS)#2 UnitedHealth Group Inc. (UNH)#3 McKesson Corp. ( MCK)#4 AmerisourceBergen Corp. ( ABC)#5 Cigna Corp. (CI)#6 Cardinal Health Inc. ( CAH)#7 Walgreens Boots Alliance Inc. (WBA)#8 Anthem Inc. ( ANTM)More items...

Who are the major players in the US health services system?

The main players in the U.S. health service system are the physicians, administrators of health service institutions, insurance executives, large employers, and the government.

What is the purpose of Medicaid?

On July 30th 1965 the Medicaid program was created to address the poor and elderly uninsured population in the United State. This voluntary program is administered on a State level but regulated on a Federal level. The Center for Medicare and Medicaid Services (CMS) is the organization that over sees the delivery, quality, funding, and eligibility of the program. Each individual State can choose how to operate the Medicaid itself. The program is design to help people with low income, children, parent of those children, pregnant women, disabled and elderly people in need of a nursing facility. Medicaid is a complex system because it is not a single program and runs differently in each State. It is a very costly system because its serves the poorer population and the long term patients. Currently Medicaid is experiencing changes on all levels. The rise in unemployment has caused an increase in applicants who qualify thus driving up the costs associated. With the passage of the Patient Protection and Affordability Care Act (ACA) the general consensus is that the Medicaid has some current issues to address before more people fall under their umbrella of services. Currently there are more than 59 million people enrolled the Medicaid system for health care. The system is expected to add nearly 16 million more people by 2019. With State governments facing a budget crisis many are looking to cut the Medicaid program. The Federal government has purposed cutting $33 billion for the fiscal 2012 budget. The ACA has increased eligibility to all legal residents earning up to 133 percent of the Federal poverty rate. The Provider Tax Program will be cut by $18.4 billion over the next ten years. This program in the past has allowed State governments to expand coverage and fill budget gaps. The ACA also plans on reducing $14 billion in funding through 2019 for the Medicaid Disproportionate Share Hospital Program. Money from this program is usually allocated to

What is the expansion of medicaid?

The Supreme Court on June 28, 2012 ruled in support of the ACA by upholding the individual mandate which require Americans to have health care insurance. Americans without health care insurance, because of this new health care policy will be able to either purchase insurance through the exchange market or through the expansion of Medicaid. Some states are against the expansion of Medicaid even though the government will fund 100% of the program for the first 3 years. The states that decide to opt out of the Medicaid expansion will heap some negative impact on several stakeholders. The ultimate goal of the ACA and the expansion of Medicaid was to provide quality health to the many uninsured. Expansion of Medicaid The implementation of an important component of the Affordable Care Act (ACA) is the expansion of Medicaid. The expansion of Medicaid ensures health care coverage for children, poor people, disabled people and some elderly citizens. Unfortunately, 20 states have decided to opt out of this policy leaving access to health care unavailable to millions of needy people. It remains unclear why so many...

What is health care?

...Policy Critique Sarenceya Maxwell Dr. Gordon September 28th 2014 Health Care: Treatment of mental and physical illness through special services with excellent approach is considered to be called health care. A health care consists of specialized doctors, trainers and physicians. Who effortlessly work for the betterment of the patient. Specialized health care’s are found everywhere in the world. Health Care Advisors: Health care advisors charge with advising customers with health care desires. Whether or not the authority will answer the question or suggests a resource for the client to contact, he or she provides calm, comforting recommendation to people who call or e-mail. These advisors generally act as role models and use a customer-led approach in their exchanges. A primary responsibility of a health care authority is client service. Expertness and compassion are very necessary for the fulfillment within the field. The goal is to depart customers with the sensation they referred to as the correct place for facilitate. Additionally, the client ought to feel comfy contacting the authority succeeding time a retardant or concern arises. Client services skills can promote goodwill and facilitate make sure that customers come. Maintaining information of all accessible services and merchandise is additionally the work of a health care authority. People who work for a corporation can perceive the way to advise customers......

Is Medicare outsourced to private companies?

...United States are outsourced to private businesses. Like anything performed by any business, organization or government body, there are potential improvements that could be implemented. Here, I will discuss the stakeholders involved in the federal healthcare systems of Medicare and Medicaid, and how the strategies might be improved within outsourcing practices. Multiple groups hold interest in the strategies used by Medicare and Medicaid to provide healthcare to patients. Medicare contracts with private health insurance companies to provide specific benefits to people with Medicare. People eligible for Medicare include those over 65 years old, or those who are disabled. Medicaid is operated at the state government level, and generally covers disabled, and people over 65 years old with low income and minimal assets. In addition to the people covered under these systems, additional stakeholders include doctors, hospitals, insurance brokers and agents, and public policy-makers (legislators). An easily forgotten group of stakeholders within these systems are taxpayers not currently receiving direct benefits from these systems, but who are directly contributing funds which are used to fund Medicare and Medicaid expenditures. Those who are recipients of Medicare and Medicaid benefits want to receive the best possible care, with the least amount of cost to them personally. Meanwhile doctors and hospitals want to receive the highest possible amount of reimbursement for their......

Does Aspen County have Medicaid?

...Aspen County Access and Enrollment Assistance Aspen County has opted not to participate in the expansion of the Medicaid program in the state. There was strong support of dropping the Medicaid program from commissioners of the county, and citizens who want less government involvement in their lives. Additionally, healthcare providers in the county are reporting that they are seeing more Medicaid, Medicare and uninsured patients, and delivering higher levels of uncompensated care. With that, the largest primary care practice in the county, Basalt, has decided to terminate its Medicaid and uninsured patients. They can no longer afford being uncompensated for care. There are several issues that are important in evaluating the state of health care in Aspen County and evaluation of if obtaining a grant from the government for enrollment assisters to help patients enroll in Medicare, Medicaid or purchase insurance coverage. There is the potential to benefit the county's medical groups positively if patients have insurance and they can be compensated for their care. The stakeholders here are the healthcare facilities, county commissioners, citizens and the public health department. Most of the stakeholders in this situation are in support of dropping Medicaid, which needs to be delicately addressed. Leaving 1/3 of the population or more without coverage or help needs to be emphasized and the advantages of providing services for citizens to get coverage explained......

Is Medicare a buyer of long term care?

...“Although Medicare and Medicaid are still the most significant buyers of long-term care services they are no longer the only buyers. Managed care has become a buyer with considerable influence in all of health care” (Pratt, 2010). A few years ago one looked at long-term care facilities as being in nursing homes. Today facilities are opening up that is not a setting for nursing home though that is what others thinks. With the government involved today it has restraints with the pricing and the quantity of service one provides. When the government gets involved with making decision on health care they divert resources away from one provider and looks at another. “to be competitive, long-term care providers have to know where they stand in the market. That means that they need to know how they compare with their competitors and their relative strengths and weaknesses” (Pratt, 2010). Most providers does not look at the strength and weaknesses of other facilities since this was not a big factor before. One must do research to find out the pricing and check the competition to see what is more readily available. With the rising cost of health care one needs to look at the price of long-term care and what type of care one would get. With Medicare and Medicaid caring the burden of the expense one is looking at managed care to help what these programs does not cover. “Medicare and Medicaid are dominant purchasers in the nursing home market. Medicaid...

What are the stakeholders in healthcare?

Healthcare providers, which includes medical doctors. dentists, specialty practioners (i.e. mental psychologists, chiropractors) and other allied health professionals can all be considered major stakeholders in the healthcare policy formulation and decision making process. There currently exists huge, voluntary membership organizations which represent these various stakeholders. For example, the American Medical Association is “the voice” of physician providers in the United States.

Who are the major stakeholders in healthcare policy and decision making?

Insurance providers, such as Blue Cross and Blue Shield. Aetna, Cigna and many others are also “major” stakeholders in healthcare policy and decision making. This writer would also like to point out that insurance providers are also very influencial in the healthcare policy and law decision making process.

What are the most important stakeholder factors in healthcare policy making?

There are several factors that are of primary importance to patients regarding healthcare policy. These factors include: Access. Affordability. Quality.

What does "everyone" mean in healthcare?

Everyone means the general public. Much of the law regarding public health is conerned with health adminstration, wellness promotion and disease prevention. Collectively, it is the public that most major healthcare initiatives are aimed at.

What is stakeholder lobbying?

Stakeholder lobbying also can influence the legislature and Medicaid agency. A strong lobby might exist for a particular disease (e.g., end stage renal disease or hemophilia) that is vocal enough to convince the legislature or Medicaid agency to include the disease in the care management program.

What should Medicaid care management program staff and agency leadership develop relationships with the media?

Medicaid care management program staff and agency leadership should develop relationships with the media as a potential tool for building program support. Agency leaders can position themselves as contact persons for the media in cases of potential negative media coverage.

Why are providers important in care management?

Providers are critical to any care management program; interested providers will endorse the concepts of the interventions with patients, identify interventions needed for patients, and provide valuable program input . By involving providers, States build long-term support for the care management program in addition to improving program outcomes and physician practice. Providers can offer suggestions for program refinements based on their clinical expertise and experience with the care management program. Finally, provider champions can help secure buy-in for the program from other providers and additional stakeholder groups.

Why should program staff maintain contact with CMS after the program is implemented?

Program staff also should maintain contact with CMS after the program is implemented, because CMS can help guide waiver evaluation reports and programmatic changes. Please go to Section 1: Planning a Care Management Program for additional information on types of approval available from CMS.

What is the role of coordination and communication in Medicaid?

Coordination and communication with other State and community programs represents a crucial part of Medicaid care management programs. Medicaid beneficiaries are more likely to have issues related to poverty (e.g., transportation or housing needs) and behavioral health that can be met through established programs.

What is Medicaid senior agency leadership?

Medicaid and senior agency leadership are unique in their capacity to influence program design, staffing, resources, and budget allocation. Program staff should engage senior agency leadership during all stages of a care management program to understand their goals for the program and ensure support.

What is the challenge for Medicaid?

A key challenge for Medicaid staff is communicating the value of care management to a variety of stakeholders—all of whom have potentially different interests. Program staff should identify each of their program stakeholders and their interests and construct messages accordingly. State staff should also determine the appropriate opportunities for publicizing their successes. In some States, program staff have found that operating their program "under the radar" is helpful to allow the program an opportunity to generate success.

What is a stakeholder in healthcare?

Who Are the Stakeholders in The Healthcare System? A stakeholder has an interest, or “stake,” in the success or failure of a business or its projects. If An entity fold up tomorrow, these people would be affected in some way. When somebody is labeled a key stakeholder, it simply means that person is one of the top stakeholders in ...

What are the stakeholders of pharmaceutical companies?

Two of the stakeholders, pharmaceutical firms and insurance companies, are publically owned corporations listed on the stock exchange. Their primary responsibility is to maximize stockholder wealth. Likewise, the primary goal of employers is to make money; however, their provision of health insurance for employees is a benefit, ...

Why do primary care physicians have gatekeepers?

Assigning a gatekeeper role to primary care physicians had the intention of lowering healthcare costs because fewer tests and referrals would be made . However, this is not working and it may be best to re-evaluate the role a primary care physician has in regards to referring patients.

What is the obligation of a physician to do whatever is necessary to benefit his patient?

Physicians also have obligations to patients independent of insurance companies. A physician has an obligation of beneficence to do whatever is necessary to benefit his patient. However if he acts independently (“doctor knows best”) without taking into account the desires of his patient, he is practicing paternalism.

What is the role of a physician in healthcare?

Physicians. Physicians play a key role in ensuring that their patients receive adequate healthcare, but also in controlling the rising costs of healthcare. They have to find a balance between having a gatekeeper role for the insurance companies and being an advocate for the patient.

Why is healthcare becoming harder to obtain?

Adequate healthcare is becoming harder to obtain due to financial hardship. The insurance companies need to find an appropriate balance between their responsibilities towards both shareholders and patients. Quarterly reports for stockholders encourage the companies to focus more on profits than affordability.

Why do insurance companies publish quarterly reports?

Quarterly reports for stockholders encourage the companies to focus more on profits than affordability. This causes insurance companies to have tight regulations against preexisting conditions so that mostly healthy individuals are selected for their plans.

Proposed Part D benefit redesign

The BBB would restructure the Part D benefit materially starting in 2024. We summarized all changes in our previous articles linked above. To reiterate the key changes:

Beneficiaries

Part D beneficiaries pay two components under the Part D program: premium and cost-sharing. Under the BBB, we expect beneficiary cost-sharing would decrease due to (a) lowering the MOOP, (b) eliminating cost-sharing above the MOOP, and (c) reducing coinsurance from 25% to 23% before the MOOP and after the deductible.

Federal government

Under the BBB, the federal government would experience large changes to each of its three primary financial components, discussed below.

Pharmaceutical manufacturers

Pharmaceutical manufacturers currently contribute to the Part D program costs through the CGDP, paying approximately 70% of point-of-sale costs for applicable drugs dispensed to non-LIS beneficiaries in the coverage gap.

Part D plan sponsors

Under the revised Part D benefit design, costs that plan sponsors are responsible for would increase materially. This is particularly true above the MOOP, where plan sponsors would be responsible for 60% of costs compared to only 15% today, with the rest covered by federal reinsurance (80%) and member cost-sharing (5%).

Employers

For employers offering a rich Part D Employer Group Waiver Plan (EGWP) design, the bill passed by the U.S. House of representatives could materially increase plan sponsor costs and EGWP premiums.

Next steps

Some members of the Senate have publicly opposed the BBB in its current form, leaving its future in doubt. 7 As discussed above, there have been several proposals over the last few years to redesign the Part D benefit. With the U.S.

Who sponsored the 2% sequester?

That bill has bipartisan sponsorship from Sens. Susan Collins (R-Maine) and Jeanne Shaheen (D-N.H.). Here are some of the other provisions in sweeping new legislation that apply to healthcare ...

How much is the reduction in Medicare spending?

The massive new COVID-19 relief legislation may result in a $36 billion per year reduction in Medicare spending starting in FY22. Various provisions are designed to increase the affordability of the healthcare coverage that’s available through the Affordable Care Act. One provision closes a loophole regarding Medicaid DSH payments.

Does the AHA have a summary of the various healthcare-related provisions?

The legislation also includes increased funding for COVID-19 vaccination efforts and for the U.S. public health workforce, among other aspects of interest to healthcare stakeholders. The AHA has a summary of the various healthcare-related provisions. In addition to expressing disappointment about the absence of PRF general funding, ...

Will the 2% sequester be canceled?

The House of Representatives on Friday passed a bill that would both cancel the " pay-as-you-go" spending reductions attached to the new legislation and delay restoration of the 2% sequester through 2021. The bill now goes to the Senate, where it will need support from at least 10 Republicans to pass.

Does Medicaid cover 95% of expenditures?

Financial support for Medicaid programs and beneficiaries. The dozen states that have not expanded Medicaid eligibility would have new incentives to do so, with the Federal Medical Assistance Percentage (FMAP) rising by 5 points — to cover 95% of program expenditures — for the first three years of an expansion.

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Importance of Engaging Key Stakeholders

Strategies For Developing Relationships with Key Stakeholder Groups

  • Developing relationships with senior Medicaid and agency leadership, other State agencies, the Governor's office, the provider community, the patient and advocacy community, the State legislature and staff, and CMS is critical for a care management program's success. For each stakeholder group, the following subsections outline strategies for stake...
See more on ahrq.gov

Communication Strategies For Demonstrating Program Value

  • A key challenge for Medicaid staff is communicating the value of care management to a variety of stakeholders—all of whom have potentially different interests. Program staff should identify each of their program stakeholders and their interests and construct messages accordingly. State staff should also determine the appropriate opportunities for publicizing their successes. In some Sta…
See more on ahrq.gov

Conclusion

  • Engaging key stakeholders is critical to the success of a Medicaid care management program. Involving stakeholders during the planning and designing stages can lead to early buy-in, successful program design, and establishment of long-term support for the program. In many States, stakeholders' long-term support has led to assistance with program expansion and susta…
See more on ahrq.gov

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