Medicare itself is divided into four parts:
- Part A: Hospital Insurance
- Part B: Medical Insurance
- Part C: Medicare Advantage plans
- Part D: Prescription Drug plans
Medicare is a trillion dollar industry (1.2 trillion USD to be accurate), and is a thorny issue in US health care. The prime importance of medicare is at two levels : 1. It sets the payment levels for health care service levels, 2. Apart from the premium most of the cost is born by US federal government.
Medicare has great similarities to clinical data management and SAS is used for analytics. We have noticed a large demand for CDM/SAS skilled in this domain, but they want added understanding of insurance workflow. We will cover medicare all parts in detail and jump into the technicalities of managing medicare data and data analysis in the multi-post series starting from June 9th.
// This information is only for educational purpose provided by Clinnovo. You are free to use at your own discretion.
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