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.
Part A (inpatient) of medicare is paid for by Medicare taxes. Part B (medical) is supplemented by a premium of about $105 per month. Prescription insurance sponsored by Medicare and run by private insurance (part d) can be purchased separately for as little as $20 per month.