Statement of Problem Medicare and Medicaid are two of the United States largest broken systems, which must sustain themselves in order to provide care to their beneficiaries. Both Medicare and Medicaid are funding by a joint effort between the federal government and the local state government. If and when these governments choose to cut funding or reduce spending, Medicare and Medicaid take the biggest hit. Most people see these two benefits as one in the same, two benefits the government takes
According to the article “Medicare Made Clear” published by United Health, “the Medicare program helps 43 million Americans get the health care they need.” The large number of Americans being helped by Medicare shows that it is important and very much needed. Being knowledgeable on the topic of Medicare and Medicaid and knowing the different aspects of the programs will be useful for many Americans. Medicare is a Federal health insurance program which consists of hospital insurance, medical insurance
Medicare and Medicaid are programs that have been developed to assist Americans in attainment of quality health care. Both programs were established in 1965 and are federally supported to provide health care coverage to vulnerable populations such as the elderly, the disabled, and people with low incomes. Both Medicare and Medicaid are federally mandated and determine coverage under each program; both are run by the Centers for Medicare & Medicaid Services, a federal agency ("What is Medicare?
insurance groups are Medicare and Medicaid. Between the two, they service upwards of 40% of the total American population(2010 & 2012, KFF). However, the two programs offer various similarities and differences. Medicare is a federal government-sponsored healthcare program primarily for seniors; Medicaid is for low-income families and is managed by both the state and federal governments. By performing a SWOT analysis on each program, it is possible to compare the two. Medicare is an insurance program
of the elderly needing care and attention from others will forever grow and be a demanding need. Currently, “Medicaid provides health care coverage to more than 4.6 million low income seniors, who are also enrolled in Medicare.” (Seniors & Medicare and Medicaid Enrollees) “Medicaid serves the impoverished/disabled while Medicare serves those aged over 65.” (Place Elderly on Medicaid) Although not everyone who is aged needs the assistive care that nursing home and assisted living facilities can
1. Should Medicare be turned into a voucher program? Medicare should not be turned into a voucher program. Reasons the Department of Health and Human Services would disagree with a voucher program are that private insurance would be more expensive, it would delay care for some beneficiaries, and that Medicare will help reduce health care costs. This program should remain unchanged to continue to help seniors receive more affordable care. Elderly people are a vulnerable population that needs to be
Healthcare, Medicare, and Medicaid The U.S. health care system is a scrutinized issue that affects everyone: young, old, rich, and poor. The health care system is comprised of three major components. Since 1973, most Americans have turned to managed-care programs, known as HMOs. The second type of health care offered to Americans is Medicare, health care for the elderly. The third type of health care is Medicaid, a health care program for the poor. Why is our health care system made up
differences between Medicare and Medicaid are who the plan is provided for and who is in charge of providing each plan. The majority of other differences stem from these two dissimilarities. Medicare is a health insurance plan for people over 65 years of age (also includes a few other smaller groups such as younger children with certain disabilities), while Medicaid is provided for citizens who cannot afford other healthcare insurance plans due to their low income. Because of this, Medicaid pays the providers
Medicare and Medicaid appear to be of the largest broken systems in the United States. It is crucial for the two health care systems to sustain themselves in order to provide a more functional care unit for their beneficiaries. Throughout the United States, Medicare is often times seen as the support system for individuals over the age of 65. On the other hand, Medicaid is a program that is administered by the state and provides support for a broader range of people. Each state is individually responsible
conservati... ... middle of paper ... ... Varasteh, L., Levin, R., Nan, L., et al. (2009). The effect of Medicare Part D coverage on drug use and cost sharing among seniors without prior drug benefits. Health Affairs,28(2), w305-w316. doi:10.1377/hlthaff.28.2.w305. Shea, D., Terza, J., Stuart, B., & Briesacher, B. (2007). Estimating the effects of prescription drug coverage for Medicare beneficiaries. Health Services Research, 42(3P1), 933-949. doi:10.1111/j.1475-6773.2006.00659.x. Yuting, Z