Medicare Vs Medicaid

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Medicaid and Medicare are government-supported programs in the United State that vary in conditions such as coverage, governance, and funding. Fifty million American seniors 65 and older, disable residents who qualified for Social Security, and patient with end stage renal disease (ESRD) are protected under the federal insurance program the Medicare, whereas Medicaid is an assistance program for low-to no-income “nonelderly disabled persons “from age 19-64 (Nickitas, 2016).The extensiveness of the vulnerable population is big; Medicare and Medicaid have been the promoters to re-forming and providing access to health services for population that the Affordable Care Act (ACC) anticipated to reach (Nickitas, 2016). The changes to the health system …show more content…

Because cost of Medicaid is protected partly by the federal government and partly by state governments Medicaid eligibility regulations vary considerably by state. Medicaid’s protected three distinct populations: low-income families below 138% of the federal poverty level, low-income residents with disabilities, and low income elders with both medical care and long-term care services who need assistance on activities of daily living through their lifetime. For example, Medicaid program approximately covered 72.5 million Americans, including pregnant women, low-income, children, people with disabilities, and low income residents (Medicaid, …show more content…

Medicare Part A the largest coverage for 50 million population that permitted to applied age 65 and older and younger people with permanent disabilities. Part A was funded base on income tax of 2.9 percent between employers and employees. This plan covered hospitals bills, skill nursing facilities, hospice services, and home health. Part B reports 46 million of population enrollment in 2013 (Nickitas, 2016). It covers physical services, outpatient visits, home health services and durable medical equipment’s. Patient who covered by this program pay monthly premium and pay 20 percent coinsurance for services Part C or Medical Advantage (MA) private insurance that offered all services of Part A and B and additionally provide prescription drug coverage. The plan covered hospital and physician services, however cost is higher 9-13 percent than standard Medicare. In 2011, 13 million population were sign up for Part C. The last one Part D is a prescription drug plan that was rolled out in 2006 under the Medicare Modernization Act. Private plan worked directly with Medicare and funded through state payments, revenue, and premiums. In 2012, 37 million people were enrolled under this private plan (Nickitas,

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