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 should pay the entire allowable amount except for the co-insurance amount of $315.00 per day. Many times the secondary insurance will pay the co-insurance. Otherwise the $315.00 per day is the patientâs responsibility. The next 60 days (days 91-150 of the hospital stay) are called lifetime reserve days, often referred to as âLTRâ. Medicare again will pay the entire allowable amount except the co-insurance of $630.00 per day. Many times the secondary insurance company will pay the co-insurance. Otherwise the $630.00 per day is the patientâs responsibility.