A Medicare fiscal intermediary is a private insurance company that acts as an agent for the federal government in the administration of the Medicare health insurance program. One of the primary responsibilities of a Medicare fiscal intermediary is to manage the payment of claims.
Medicare is a federal government-based health insurance plan that provides coverage to vulnerable populations, such as elderly Americans who are aged 65 and older. While the government funds Medicare, it doesn't directly handle all aspects of the program. Instead, it uses private insurance companies, such as Empire Medicare Services in New York, as fiscal intermediaries to administer certain aspects of the program. The primary responsibilities of a Medicare fiscal intermediary is to review the appropriateness of medical coverage under the insurance and to handle reimbursement for services provided by doctors and medical facilities.Learn More
A Medicare Advantage plan, sometimes known as Medicare Part C, is a private insurance option for Medicare subscribers that is administered separately from standard Part A and Part B programs. Subscribers who choose Medicare Advantage plans may receive better coverage or enjoy reduced copayments, and many Advantage plans include prescription-drug coverage in addition to medical and hospital benefits.Full Answer >
U.S. citizens age 65 or older qualify for Medicare if they have worked long enough to qualify for Social Security benefits or if they are 65 or older and have a spouse of over 62 years of age who qualifies. Divorce or death may qualify a spouse, while government employees qualify if they have paid Medicare payroll taxes. People under age 65 with certain disabilities also qualify for Medicare.Full Answer >
Child care subsidy programs are given by the federal government to universities and colleges that are able to dispense the grants to eligible parents. To receive a child care subsidy, apply to your university's program.Full Answer >
The Catalog of Federal Domestic Assistance number is a five-digit number assigned by the federal government to its programs, services, activities, grants and projects providing financial assistance or benefit to the public. The first two digits represent the funding agency; the second three digits designate the grant, program or project.Full Answer >