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Seema Verma visits Purdue as part of Giant Leaps Campaign

The Centers for Medicare and Medicaid services, or CMMS, is re-working some programs to better accommodate America's aging population.

Posted: Oct 22, 2018 11:15 PM
Updated: Oct 23, 2018 9:40 AM

WEST LAFAYETTE, Ind. (WLFI) — The Centers for Medicare and Medicaid services, or CMMS, is re-working some programs to better accommodate America's aging population. The program's administrator Seema Verma, came to Purdue as part of the University's Giant Leaps campaign.

"We need to think about creating a health-care system that can accommodate our aging population. We need to think about different ways of paying for health-care, we need to think about different incentives," said Verma. 

CMMS is responsible for administering Medicare and Medicaid programs. It also oversees the ObamaCare exchanges --collectively serving 130,000,000 beneficiaries.

The government entity is modifying programs to give more power to consumers.

"I think the changes we've made are working...we are seeing lower prices in Medicare in the individual exchanges," said Verma. 

Verma said lower prices are leading to higher enrollment. Some changes impacting the market are the president removing the tax penalty for the uninsured and more flexibility in individual states, something Verma finds necessary.

"Even though we have seen prices come down this year we know that they are too high so we want to give states the ability to make changes in their health insurance markets to provide lower costs and more choices to individuals," said Verma. 

Another major focus is empowering patients to better consumers of health-care.

Verma said as technology advances and people continue to live longer, health-care plans will become customized.

"We are telling these plans you can develop a health-care plan or provide services that are going to keep people healthy and out of the hospital so for somebody it might just be a ride to the doctor's office or some in-home care," said Verma. 

Verma's visit was part of Purdue's 150th anniversary celebration.

People have between now and December 7th to enroll in a Medicare program.

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