Rio Grande: State: NJ [New Jersey] Counties: CAPE MAY, NJ: Multi County: No: City Alias(es): Rio Grande: Area Code: 609: City Type: P [Post Office] Classification: [Non-Unique] Time Zone: Eastern (GMT -05:00) Observes Day Light Savings: Yes: Latitude: 39.017188: Longitude:-74.870632: Elevation: 19 ft: State FIPS: 34: County FIPS: 009: Region: Northeast: Division: Middle Atlantic: Intro Date:
Policy Implications of Medicare Coverage. Since outpatient prescription drug use is not covered by Medicare, it is a major source of out-of-pocket expenditures for the elderly. By one estimate, severely disabled elderly persons spend more than half their out-of-pocket health expenditures on outpatient prescription drugs.
Medicare is an insurance program. Medical bills are paid from trust funds which those covered have paid into. It serves people over 65 primarily, whatever their income; and serves younger disabled people and dialysis patients. Patients pay part of costs through deductibles for hospital and other costs. Small monthly premiums are required for non-hospital coverage. Medicare is a federal program.